Ipes has appointed an internal auditor to work across the company’s four jurisdictions to provide assurance and manage internal controls.
Andrew Bull is a Chartered Member of the Institute of Internal Auditing. With more than 12 years’ experience he is also a qualified Quality Auditor with the British Standards Institute (BSI) and is a qualified IT auditor.
He has gained experience by working for a number of international corporations in the UK, Europe, South Africa and the US.
Chief operating officer Barry McClay says: “We are pleased to welcome Andrew to the team at this exciting time in Ipes’s development and growth. His is a key appointment which reflects our growing awareness of operational risk and demonstrates that our processes are supported by a robust internal audit framework.”
Bull says: “Effective internal controls are a cornerstone of good corporate governance and it is exciting for me to be working for a business that recognises the importance of the control environment and is committed to its continued development. Internal audits will allow for issues to be highlighted and addressed which then enable best practice to be shared.”
Ipes has recently retained its AAF 01/06 accreditation which was again undertaken by Ernst & Young and provides an independent assurance of Ipes’ control environment.
“Andrew’s appointment combined with Ipes retaining its AAF accreditation strongly demonstrates our commitment to ensuring that we are staying ahead in an increasingly regulated environment,” says McClay.
Ipes was established in Guernsey in 1998 and now has offices in London, Luxembourg and Jersey. It employs more than 140 people and services over 90 clients in the private equity space.
