##ai branly in paris in partnership with the french government. in paris, visitors were amazed at the sophistication and artistry of our precolonial gold ornaments. indeed, we at the bsp believe that our cultural properties promote better understanding and appreciation of our evolution as a nation. among filipinos, this serves as a powerful catalyst for instilling a strong sense of national identity and love of country, attributes that foster social stability and economic growth. thus, the bsp ensures that outstanding examples of filipino genius in its gold, art, and numismatic collections are shared with the people through exhibits, books, cds, social media, and provincial lectures. in the philippines, it is the bangko sentral ng pilipinas and the ayala foundation that had the vision to acquire and preserve these priceless golden legacy from our ancestors. bis central bankers ’ speeches thus, while some precolonial gold pieces found by people unaware of their historical value have been irretrievably lost to melting, we can take comfort from the fact that we have two museums in metro manila where our people can visit golden treasures from our past – at the met museum at the bsp head office along roxas boulevard and the ayala museum where we are gathered today. so please help protect, preserve and promote our cultural heritage. and take the time to visit our museums with your family and friends. starting september this year to january next year, the people in new york and its visitors will have the same opportunity to experience the golden history of our country. please invite your family and friends to visit and to spread the word about this rare exhibit. once again, i thank the asia society and the ayala museum for inviting us to be part of this exhibit on “ philippine gold : treasures of forgotten kingdoms. ” thank you for your kind attention. maraming salamat at mabuhay po tayong lahat! bis central bankers ’ speeches

we believe that financial digitalization accelerates income growth and democratizes access to more affordable financial products and services. we have also embraced digital transformation in our internal strategy, highlighting our commitment to being an agile, resilient, and proactive organization. we envision to be a digitally transformed organization driven by a strong digital leadership, an innovative and collaborative culture, a secure and resilient technology infrastructure, and optimized work processes that support data - driven decisions. while we recognize the promising benefits of digitalization, we are also cognizant of its attendant risks. thus, we also highlight that these efforts are underpinned by sound digital governance, adequate risk management practices, and robust internal controls. 1 / 2 bis central bankers'speeches given these developments, it is important for the internal audit function to reposition itself as a strategic partner in driving digital value. the independent view of internal audit continues to be crucial, as it plays a valuable role in complementing the first - and second - line functions by providing assurance and advice on governance, risk management, and controls. digital transformations are journeys without borders and the possibilities for digital innovation are endless. as central banks embrace change through digitalization, internal audit teams must forge the same trail ; reassess perspectives ; reimagine audit approaches and methodologies ; and tap on reliable technologies to add more value and provide assurance to the organization. i hope that this meeting will provide a meaningful platform for discussing internal audit ’ s rapidly evolving role in these areas. the shared views, practices and experiences during the sessions will certainly enrich our knowledge and inform our individual and collective digital transformation journey. thank you and i wish you all a meaningful discussion ahead. 2 / 2 bis central bankers'speeches