BAKU, Azerbaijan, July 17. The 62nd meeting of the Governing Board of the Asian Organization of Supreme Audit Institutions (ASOSAI), hosted by the Accounts Chamber of the Republic of Azerbaijan, was held in Baku, Trend reports.
The event was organized by the Chamber of Accounts of the Republic of Azerbaijan.
The meeting was attended by more than 100 participants, including members of the Board of Directors and the Audit Committee of ASOSAI, as well as representatives of the Presidency and Secretariat of the International Organization of Supreme Audit Institutions (INTOSAI) and representatives of the INTOSAI Development Initiative.
The event began with opening remarks by Krishnan Sangaran, Deputy Comptroller and Auditor General of India, representing the ASOSAI Presidency. Then the moderator - Chairman of the Chamber of Accounts of the Republic of Azerbaijan, Vugar Gulmammadov, spoke about the significance of the meeting, shared his thoughts on the importance the institution attaches to international cooperation, and the contribution made within the framework of ASOSAI.
Afterwards, a presentation video about Azerbaijan was screened to the participants.
The Chamber of Accounts was first elected to the Board of Directors of the organization at the ASOSAI Assembly held in New Delhi (India) in September 2024.
Addressing the 62nd meeting of the Board of Directors of ASOSAI held in Baku, Chairman of the Accounts Chamber Vugar Gulmammadov stated that holding the 62nd meeting of the Board of Directors of the Asian Organization of Supreme Audit Institutions (ASOSAI) in Baku is a matter of pride and responsibility for Azerbaijan.
He emphasized that the Accounts Chamber attaches special importance to the study and application of international experience, strengthening the exchange of knowledge and information, as well as the development of regional cooperation. Vugar Gulmammadov noted that election to the Board of Directors of ASOSAI is both a trust and a responsibility for more active participation in the future.
The Chairman added in his speech that increased exchange of knowledge and experience between the supreme audit institutions will create conditions for more systematic cooperation. He also shared his thoughts on the public finance management reforms being implemented in Azerbaijan and the importance our country attaches to international cooperation.
The meeting was followed by presentations on ASOSAI's Strategic Plan, the organization's collaboration with other regional institutions, annual working group activities, and new issues of the ASOSAI Journal. The formal part of the 62nd ASOSAI Board of Directors meeting included approval of the minutes of the 60th and 61st Board of Directors meetings, review of the organization's activities and financial reports for 2024, and the budget plan for 2026-2028. One of the main items on the agenda was the election of two new members of the INTOSAI Governing Board for 2025-2031 and the external auditor of INTOSAI. Information on the election results will be published in the coming days.
