ICAIKC, PwC Middle East host CPE on building trust in AI for CFOs

• The event, titled “Building Trust in AI – A CFO’s Guide to Governance, Risk and Assurance,” explored the critical role of CFOs in driving responsible AI adoption, highlighting frameworks for governance, risk assessment, and assurance that enable organizations to implement AI with confidence and credibility.

The Institute of Chartered Accountants of India, Kuwait Chapter (ICAIKC), in collaboration with PwC Middle East, hosted a Continuing Professional Education (CPE) session titled “Building Trust in AI – A CFO’s Guide to Governance, Risk and Assurance.” The event brought together CFOs, finance leaders, and technology professionals to examine the impact of artificial intelligence on governance, risk management, and financial assurance.

CA Rohit Agrawal, Chairperson of ICAIKC, opened the session by welcoming the speakers and participants. He highlighted key chapter initiatives and provided updates on the upcoming 5th International Conference, set for November 8, 2025, under the theme “Evolving Equations: Trust, Technology, Transformation.”

Setting the stage for the discussion, Mr. Khaled Al Shatti, Country Senior Partner at PwC Middle East in Kuwait, expressed his appreciation for the collaboration between ICAIKC and PwC, and invited the distinguished speakers to share their perspectives.

The session featured two PwC experts: Dr. Semih Kumluk, Head of AI Capability Building & Development at PwC’s Academy, and Paul Breed, Partner at PwC Middle East. They explored the critical role of CFOs in driving responsible AI adoption, highlighting frameworks for governance, risk assessment, and assurance that enable organizations to implement AI with confidence and credibility.

Dr. Kumluk emphasized the importance of embedding trust, ethics, and transparency into AI strategies to ensure long-term sustainability. Mr. Breed addressed evolving regulatory expectations and practical assurance mechanisms designed to safeguard financial and operational integrity. Their combined insights offered participants a roadmap for balancing innovation with accountability amid rapid technological disruption.

The session underscored the growing imperative for CFOs and finance teams to champion AI-ready governance structures, tackling challenges around data privacy, model risk, and compliance, while leveraging AI’s potential for business transformation.

In closing, ICAIKC thanked PwC Middle East and the speakers for their contributions and reaffirmed its commitment to equipping members with cutting-edge knowledge and global best practices, ensuring finance professionals remain future-ready in a world shaped by trust, technology, and transformation. The chapter also expressed gratitude to its annual sponsor, Times Kuwait, for their support.

Follow The Times Kuwait on
X, Instagram and Facebook for the latest news updates