Suggestions
Thomas Michel
Partner - Head Business Risk Services (BRS) at Grant Thornton Switzerland/Liechtenstein
Professional Background
Thomas Michel is a distinguished leader in the realm of Risk Management, Internal Audit, and Internal Control Systems. Based in Zurich, Thomas has developed a robust career characterized by his extensive expertise over two decades, holding prominent positions within multiple prestigious organizations. Currently, he leads the Business Risk Services (BRS) division for Grant Thornton in Switzerland and Liechtenstein, where he is dedicated to enhancing the effectiveness of governance frameworks within organizations. His key focus areas include the optimization of internal audit processes, implementation of risk management strategies, and integration of advanced internal controls that leverage modern technology to deliver substantial value to executive management.
With a deep understanding of the future of governance, Thomas emphasizes the importance of digitalization and virtualization in internal audit practices. By harmonizing assurance functions and aligning them with strategic objectives, he aims to identify uncertainties that might affect organizational success, thus helping companies navigate today's dynamic business environment. His initiatives are designed to ensure that internal audits provide critical insights that resonate with what matters most to the Board of Directors, establishing a foundation for informed decision-making.
Education and Achievements
Thomas's educational background is impressive and well-aligned with his career trajectory. He holds a Master's degree in Business Administration (MBA) from the Université de Fribourg/Universität Freiburg, which equipped him with an analytical framework essential for understanding complex business dynamics. Additionally, he has pursued specialized training at The Institute of Internal Auditors, where he became a Certified Internal Auditor (CIA). This designation highlights his competence and skill in internal auditing practices, further strengthened by his accreditation from the Swiss Institute of Internal Auditors (IIA) which allows him to lead quality assessments of internal audit functions.
Thomas has a rich history of international project experience, gained from his tenures in various global markets including Hong Kong, Japan, the UK, the USA, and several European nations. His exceptional ability to adapt to diverse economic contexts has made him a valuable asset in managing international clients and implementing best practices across multiple industries.
Notable Positions Held
-
Partner - Head Business Risk Services (BRS) at Grant Thornton Switzerland/Liechtenstein In his current role, Thomas oversees initiatives related to managing business risks while maintaining a focus on the effectiveness and efficiency of internal controls. His leadership fosters a culture of continuous improvement and drives the success of various client engagements.
-
Chief Financial Officer (CFO) at Swiss Enterprise Risk Management Association - SwissERM As the CFO, Thomas played a pivotal role in shaping the financial strategy of the organization, while also contributing to thought leadership in the field of enterprise risk management. His financial acumen has helped the organization maintain strong governance and compliance standards.
-
Executive Director - Head Internal Audit Advisory GSA at EY During his tenure at Ernst & Young (EY), Thomas spearheaded audit advisory services in the GSA region, enhancing the quality and effectiveness of internal audit programs. His exceptional insights and expertise supported numerous organizations in achieving their strategic goals.
-
Director at KPMG LLP New York Thomas's work in New York City as a Director at KPMG was marked by his contributions to several corporate and financial services clients, generating impactful audit solutions and advancing the effectiveness of risk management strategies.
-
Senior Auditor at PricewaterhouseCoopers At the outset of his career with PricewaterhouseCoopers (PwC), Thomas honed his skills in audit methodologies and compliance, ensuring that clients met the highest standards of financial reporting and internal control processes. His foundational experiences laid the groundwork for his advancement in the field
Key Achievements and Contributions
Throughout his illustrious career, Thomas Michel has made significant contributions that have reshaped how organizations perceive and manage risk. His approach to internal audits transforms them from mere compliance exercises into strategic initiatives that propel organizational growth. By focusing on the core needs of executive management, Thomas ensures that internal controls are not only compliant but also integrative, user-friendly, and aligned with technological advancements.
Thomas is also recognized for his commitment to harmonizing assurance functions. This strategy fosters collaboration across various teams within an organization, allowing for a more cohesive approach to risk management and governance. His strong belief in the power of digitalization and virtualization serves as a guiding principle in adapting to the challenges and opportunities that arise in today's rapidly changing business landscape.
In addition, Thomas's vast international experience grants him a unique perspective on global best practices. He consistently applies lessons learned from diverse markets to provide tailored solutions that resonate in local contexts, demonstrating his versatility and commitment to excellence.
Looking Forward
As Thomas continues to advance in his career, he remains a steadfast advocate for harnessing innovative frameworks in governance and risk management. His vision to create robust internal audit functions and integrated risk management strategies is crucial as organizations face ever-increasing levels of uncertainty and complexity.
tags=[
Leadership in Risk Management
Internal Audit Expertise
Governance Frameworks
Digitalization in Audit
Independent Assurance
Risk Management Consulting
International Business Risk Strategies
Certified Internal Auditor
Quality Assessment Accreditation
Internal Control Systems
Business Administration
