The Institute of Internal Auditors has hired Luc Lavoie to serve as executive director of its newly established Canadian office.
Along with the 18-member IIA Canadian Council established last year, Lavoie will work to raise the awareness and professionalism of internal auditing in Canada. The council and office were created in response to what IIA perceived as a need for Canadian-specific advocacy efforts.
In a statement, Lavoie said that although newly passed laws and regulations have put internal auditing in the spotlight, the profession is still not as understood in Canada as it should be.
Lavoie will be charged with helping to build relationships between the IIA and groups impacting the internal audit profession in Canada, including the federal and provincial governments, corporate directors and securities commissions. He has spent more than 20 years working in the internal auditing field and in addition to work experience with a securities regulation agency, has also worked for private companies in the financial, telecommunications, railway transportation and manufacturing industries.
The IIA’s global membership has increased 75 percent increase in the past five years. Meanwhile, over the past two years the institute’s 11 Canadian chapters have experienced a 22 percent increase in their membership ranks, which now number more than 5,000.
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