Ray Portelli

Bio

Appointed Head of Internal Audit at the European Bank for Reconstruction and Development (EBRD) in September 2006. The Internal Audit Department provides independent, objective assurance and consulting services designed to add value and improve the EBRD’s operations. It assists the EBRD in accomplishing its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. As Head of Internal Audit, reports functionally and administratively to the President and has full and free access to the Chair of the Audit Committee. Joined the EBRD in June 1993 as Senior Internal Auditor, and became Deputy Head of Internal Audit in July 1999. Prior to joining the EBRD, worked for Coopers & Lybrand in Malta and Italy, and Lombard Bank (Malta) Ltd. Fellow of the Chartered Association of Certified Accountants and an Associate Member of the Association of Corporate Treasurers. Also a fellow of the Malta Institute of Accountants and a Maltese Certified Public Accountant and Auditor.