I recently attended an excellent course at AIF — the Bank Asset Liability Program — led by Moorad Choudhry, and what an experience it was.
From an internal audit perspective, the course was exceptionally valuable. Moorad’s depth of knowledge in banking, risk management, and balance sheet strategy is remarkable, but what truly stood out was how he translated complex concepts into practical, real-world examples. This made it much easier to see not only how things should work, but where risks actually emerge in practice.
I especially appreciated how Moorad continuously brought in the viewpoints of different stakeholders — treasury, risk, ALCO, senior management, regulators — which is exactly the kind of holistic perspective internal auditors need to effectively assess governance, process design, and control effectiveness.
Inspired by the course, I’m now diving into his book The Principles of Banking. If I can read half as fast as Moorad can lecture, I should be in good shape.
Highly recommended for professionals in finance, treasury, and risk — and especially for fellow internal auditors looking to deepen their understanding of ALM and banking fundamentals.
