Stakeholders have argued that the integration of artificial intelligence (AI) into compliance processes is a strategic necessity that has been marked by advancements in rule-based systems, machine learning, natural language processing, predictive analytics, explainable AI and automation technologies. Ibe Kalu, General Manager and Executive of the Internal Audit and Forensic Services Division at MTN Nigeria, spoke on ‘The Role of AI in Enabling an Effective Compliance Ecosystem’ at the seventh yearly induction ceremony of the Compliance Institute, Nigeria (CIN). He said harnessing the power of AI to navigate the complexities of compliance would enhance organisational resilience and contribute to a global, cultural and business environment built on trust, accountability and ethical conduct.
