Authors: Mr. Fazle Mobin Siddiqui
Abstract: In the contemporary banking environment, increasing regulatory pressures, technological advancements, and emerging financial risks have significantly transformed the role of internal auditing. Risk-centric auditing has emerged as a proactive approach that focuses on identifying, assessing, and mitigating risks that may hinder organizational objectives. In this context, Human Resource Development (HRD) plays a crucial role in equipping audit professionals with the necessary skills, competencies, and risk awareness. This article analytically examines the Human Resource Development practices adopted by private banks in Nagpur to support risk-centric auditing. The study highlights the importance of training, skill development, performance appraisal, and continuous learning in enhancing the effectiveness of risk-based internal audit functions. The findings emphasize that structured HRD initiatives contribute significantly to strengthening audit quality, governance, and risk management in private sector banks.
DOI: http://doi.org/10.5281/zenodo.18265449
