Shalinder Taneja
London
Summary
Global Head of Internal Audit at Olam Food Ingredients, headquartered in UK. OFI is a global organization headquarter in London, based in over 50 countries, revenue in excess of US$ 25 B, has over 100 manufacturing facilities and 15,000 employees.
The company is currently preparing for a premium listing in LSE and secondary listing at Singapore stock exchange.
Key part of role includes designing the IA road-map to support the strategic priorities of the organization and providing an impactful assurance, working along with multi-cultural team, engaging with stakeholders across the organization including the Board and the Audit Committee to deliver the IA mandate successfully.
Overview
33
33
years of professional experience
4050
4050
years of post-secondary education
1
1
Certification
Work history
Global Head of Internal Audit
Olam Food Ingredients
London
04.2021 - Current
- Aligning audit process to organization's risk profile.
- Effective management of stakeholder relationships within organization.
- Ability to coach and guide team to successful outcomes.
- Continuous discussions with Board & Audit Committee to update on IA progress and share key outcomes as part of quarterly ARC meetings.
- Ensuring IA mandate, IA plan is delivered in an effective and optimized manner across OFI group. This includes providing adequate, continuous assurance on effectiveness of operational, financial controls across Key BUs & geographies in 100+ subsidiaries across 40 plus countries.
- Keeping view of changing risk landscape, areas of emerging risk and incorporating them as part of IA delivery by conducting specialized internal audit reviews in area of Sustainability, Climate reporting, IT & Cybersecurity, Food Safety and Derivatives audits.
- Anchoring ERM framework and guiding ERM team to develop and update framework including review of Principal Risks and Risk Appetite - engaging with Board on any key changes.
- Collaborated with cross-functional teams to identify areas for operational improvement.
- Innovate and leveraging Technology to provide automated oversight. Embedding Data Analytics as part of routine audit process. Identifying opportunities to leverage AI.
- Presenting at various internal, external forums to increase visibility and create more traction for IA function.
Senior Vice President Internal Audit
Olam International Ltd
Singapore
09.2002 - 03.2021
- Handling global cross cultural audit team, anchoring and conducting complex operational and financial audits.
- Heading technology vertical; developed Data Analytics desk and designed DA framework to support overall IA delivery.
- Presenting at Quarterly AC meetings and actively engaging with Senior management, briefing IA progress.
- Setting delivery mandate for IT audits in areas such as IT Controls, Cyber-security Risks, ITGC etc.
- Identifying key deliverable in areas of Futures, Derivative Trading review and audit of Treasury operations.
- Leading Fraud Risk controls practice and anchoring WB process including investigations.
Internal audit manager
Godrej & Boyce Mfg. Ltd
New Delhi
06.1992 - 06.1995
- Conducting Independent Internal Audit of operational and financial areas in Manufacturing plants and branch offices in North and Western India.
Education
Chartered Accountant -
Institute of Chartered Accountant of India
India 06.1995 - 06.1998
Bachelor of Commerce -
University of Delhi
New Delhi 06.1992 - 06.1995
Certified Fraud Examiner -
Association of Certified Fraud Examiners
Certified Information & Systems Auditor -
ISACA
Next Generation Executives program -
Bain Academy
04.2001 - 11.2019
Skills
- Critical Thinking
- Problem-solving
- Handling Complexity
- Building Relationships
- Ability to Innovate
- Developing cohesive team
- Being Hands on
PROFESSIONAL AFFILIATIONS
- Served at Board of Singapore Institute of Directors, SID
- Served on Board of Institute of Internal Auditors, IIA Singapore from 2015 to 2021 under various committees.
- Guest lecturer at Singapore Management University, SMU
- Chaired the Audit and Risk Committee as a Trustee for Student Union at University of Gloucestershire, UK.
Affiliations
- Playing Field Hockey
- Watch any kind of competitive Sports Music
Certification
Completed the Next Generation Executives program in Nov '19 conducted by the Bain Academy
Timeline
Global Head of Internal Audit
Olam Food Ingredients
04.2021 - Current
Senior Vice President Internal Audit
Olam International Ltd
09.2002 - 03.2021
Next Generation Executives program -
Bain Academy
04.2001 - 11.2019
Chartered Accountant -
Institute of Chartered Accountant of India
06.1995 - 06.1998
Internal audit manager
Godrej & Boyce Mfg. Ltd
06.1992 - 06.1995
Bachelor of Commerce -
University of Delhi
06.1992 - 06.1995
Certified Fraud Examiner -
Association of Certified Fraud Examiners
Certified Information & Systems Auditor -
ISACA
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