Bilal Arshad

As leader of the Internal Audit Department at Marafiq, I deliver assurance over business risks and enhance audit function excellence and governance transparency. This includes performing detailed end-to-end audits on
Marafiq projects, ensuring thorough oversight from initiation to completion. Additionally, I managed Enterprise Risk Management (ERM) processes, conducting audits and implementing enhancements aligned with company needs and best practices. As Audit Committee secretary, I ensure seamless coordination and communication for effective governance.

Highly accomplished and visionary Chief Innovation Officer (CINO) with a proven track record of driving transformative change and fostering a culture of continuous innovation. Adept at developing and executing comprehensive innovation strategies that align with overarching business objectives, identifying emerging market trends and technologies, and translating them into tangible business opportunities. Expert in leading and empowering cross-functional teams, managing the entire innovation lifecycle from ideation to commercialization, and cultivating strategic partnerships to accelerate growth and competitive advantage. Committed to leveraging cutting-edge technologies and data-driven insights to optimize processes, enhance customer experiences, and unlock new revenue streams.

Strategically located in Saudi Arabia, JESCO fulfills the growing demand for local seamless pipe manufacturing within the MENA Oil & Gas sector. Leading the internal audit department, I developed the ERM risk register and performed audits on business manufacturing operations, alongside delivering regulatory compliance audits, fraud investigations, and data analytics. I also managed all Audit Committee affairs, enhancing communication and supporting informed decision-making among stakeholders.

In my role as Senior Internal Auditor, I led the implementation of the annual audit plan, summarizing findings for presentations to the Chief Audit Executive, and evaluating internal controls for compliance with IFRS standards.

In my role as a Manager of Internal Audit, I led audit teams to assess internal controls and address emerging risks collaboratively. Developing and executing strategies aligned with organizational goals, I communicated findings clearly to stakeholders, ensuring compliance and organizational integrity.

As Senior Associate in business risk Advisory at EY my role was to provide comprehensive risk management solutions across a diverse portfolio of clients. Spearheaded advisory engagements for organizations within the cement, FMCG, pharmaceutical (manufacturing and distribution), food and beverages (manufacturing and distribution), chemicals, oil and gas, steel manufacturing, and hospital industries. Proven ability to identify, assess, and mitigate business risks, contributing to enhanced operational efficiency and compliance for multiple clients.