A growing number of new chief audit executives are coming from outside the internal audit profession as organizations demand more diverse business skills to confront new strategic risks, according to a new report.

The latest Pulse of the Profession survey report, released Monday by the Institute of Internal Auditors’ Audit Executive Center, shows that 42 percent of CAEs in North America held positions outside of internal audit immediately prior to becoming CAE. This nontraditional career path has both risks and benefits for organizations.

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