Assurance Matters - Episode 2

AI Governance, with Lillian Chisholm.

Welcome to Assurance Matters, the Chartered IIA podcast exploring the latest thinking in internal audit, governance, risk and leadership.

In this episode, host Ann Brooke, Chartered IIA's Director of Knowledge and Learning, is joined by Lillian Chisholm, Vice President of Group Internal Audit at AstraZeneca, to discuss one of the most pressing challenges facing organisations today: balancing AI innovation with effective governance.

Drawing on her experience in finance, business leadership and internal audit, Lillian shares practical insights into how organisations can embrace AI while managing emerging risks around data quality, cybersecurity, third-party providers and accountability. The conversation explores how governance frameworks can support innovation rather than restrict it, and why internal audit has a key role to play in enabling responsible AI adoption.

Lillian also reflects on the future of the profession, highlighting the growing importance of critical thinking, business acumen and adaptability as AI transforms the way organisations operate. For internal auditors, boards and senior leaders alike, it's an insightful look at navigating the opportunities and challenges of AI with confidence.