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Finance chiefs in high demand as audit committees confront AI-era risk

As corporate risk grows more complex, audit committees are increasingly seeking current and former CFOs for their financial expertise and oversight capabilities. These finance leaders are becoming key figures on audit committees across industries, with recent appointments at companies including Paychex, Align Technology, and Twinkl. The Institute of Internal Auditors (IIA) has launched a new Global Audit Committee Center to strengthen board-internal audit collaboration amid heightened scrutiny and technological disruption. AI and advanced analytics are now central tools for identifying and mitigating financial, cyber, regulatory, and operational risks - requiring committees to embrace emerging tech and challenge management assumptions. Experts stress the need for agile governance structures and ethical oversight as audit committees evolve into more proactive, tech-savvy guardians of corporate trust.

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