The European Investment Bank (EIB) participated in MEGA's first EA & Risk Exchange virtual conference. Johnny Benavides, Head of Internal Control and Operational Risk Preemption for EIB shared his experience in internal control transformation during the Risk Management and Compliance (GRC) session of the conference.
EIB is a financing institution of the European Union (EU). Its main purpose is to borrow on financial markets to finance projects within the EU. These projects are in areas such as climate, environment, development, and innovation and include small and medium-sized enterprises, infrastructures, and European cohesion. EIB brings together and works closely with other EU institutions to foster European integration, promote the development of the EU, and regulate the policies of more than 140 countries around the world.