Irfan Ashraf-Fcca

Vice President Internal Audit at Bank of China

Irfan Ashraf-FCCA, CIA, CISA, CGEIT, CRISC, CRMA, CISM has a diverse range of work experience. Irfan started their career at Ernst & Young as an Audit Senior from 1998 to 2003. Irfan then worked at TAQ International Cargo Services as an Assistant Manager of Accounts from 2003 to 2004. After that, they joined Albaraka Islamic Bank Pakistan Operations as an Assistant Manager of Internal Audit from 2004 to 2006, where they focused on conducting risk-based audits. Irfan then moved to Albaraka Islamic Bank B.S.C Bahrain, where they served as the Section Head of Internal Audit from 2006 to 2011. In this role, they were responsible for various audit areas, including credit facilities, banking operations, treasury, and compliance.

Following their tenure at Albaraka Islamic Bank B.S.C Bahrain, Irfan worked at Smith & Felton Advisory Services as a Senior Analyst in 2012, where they were involved in investment banking advisory services such as mergers and acquisitions, IPOs, and restructuring. Currently, they are employed at the Bank of China, where they have held multiple roles since 2013. Irfan started as a Senior Internal Auditor, supporting the Internal Audit management team in conducting risk assessments and developing the annual audit plan. In 2018, they were promoted to Assistant Vice President Internal Audit, and in 2023, they became Vice President Internal Audit. At Bank of China, their responsibilities include conducting audit assignments and assessing the bank's control environment.

Overall, Irfan Ashraf-FCCA, CIA, CISA, CGEIT, CRISC, CRMA, CISM has gained extensive experience in internal audit, risk management, compliance, and banking operations throughout their career.

Irfan Ashraf has a diverse education history in various fields. In 1998, they obtained a CA Foundation degree in Accountancy from Skans. Irfan continued their education and earned a B.A degree from the University of Punjab in 1994 and an F.A degree from Government Islamia College Civil Lines in 1992. In 2007, they completed their ACCA degree in Accounting and Auditing from the Association of Chartered Certified Accountants.

Irfan has also obtained several certifications in the fields of Assurance, Information Technology, and Information Systems Security/Information Assurance. In 2005, they became a Certified Internal Auditor (CIA) from the Institute of Internal Auditors. Irfan further enhanced their expertise by obtaining the Certified Information Systems Auditor (CISA) certification from the Information Systems Audit and Control Association in 2010. In 2014, they earned the Certified in the Governance of Enterprise IT (CGEIT) certification from the same institution.

Continuing their professional development, Irfan pursued additional certifications in Risk Management Assurance. In 2016, they became Certified in Risk and Information Systems Control (CRISC) and obtained the Certificate in Risk Management Assurance (CRMA) from the Institute of Internal Auditors.

Looking ahead, Irfan is planning to obtain the Certified Information Security Manager (CISM) certification from the Information Systems Audit & Control Association in 2023. Overall, Irfan Ashraf has consistently sought education and certifications to establish their expertise in the areas of Assurance, Information Technology, Accounting and Auditing, and Risk Management Assurance.

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Timeline

  • Vice President Internal Audit

    March, 2023 - present

  • Assistant Vice President Internal Audit

    January, 2018

  • Senior Internal Auditor

    April, 2013

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