A global group of audit practitioners has named a senior executive of state-owned Development Bank of the Philippines (DBP) as “Chief Audit Executive of the 12 months”, citing his contributions in elevating the inner audit function in the federal government service.
Senior Vice President Ryan R. Gabinete, head of DBP’s internal audit group, was recently conferred the respect by the Institute of Internal Auditors (IIA) Philippines, besting various candidates from each the private and public sectors.
“Our honoree has shaped the inner audit occupation through a long time of excellence, leadership, and innovation,” the IIA said in its introduction of Gabinete throughout the awarding ceremonies earlier this month. “His thought leadership spans fraud audit, strategic audit practices, and public sector reform, shared through national forums and skilled organizations.”
DBP is the tenth largest bank within the country by way of assets and provides credit support to 4 priority sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; the environment; and social services and community development.
IIA Philippines is an element of a world network of audit professionals across 170 countries with over 200,000 members from various industries, dedicated to the advancement of internal audit occupation. Its annual excellence awards recognizes leaders for his or her strategic expertise and significant contributions in achieving the very best standards of audit practice.
DBP President and Chief Executive Officer Michael O. de Jesus said IIA’s conferment is reflective of DBP’s steadfast commitment to the very best standards of corporate governance through the optimization of its internal audit operations
He said Gabinete’s award is a testament to DBP’s resolute thrust to strengthen the Bank’s governance and control framework and enhance its audit methodology, resulting in operational efficiency and timely and effective compliance to regulatory standards.
“DBP will proceed to explore ways to strengthen its internal audit function, recognizing its critical role in enhancing governance and risk management within the organization, and helping create and sustain value for its clients and stakeholders,” de Jesus said.
As an IIA awardee, Gabinete may also be nominated to the distinguished Institute of Internal Auditors Global Excellence Awards – Chief Audit Executive of the 12 months in 2026.
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