Benito Ludick

Internal Audit and Risk Assurance Professional with 12+ years of cross-sector experience in internal audit, performance audit, forensic audit, board governance, risk management, finance and banking. Skilled in evaluating governance, risk management and internal control processes, that enhance and preserve organisational value. Proven ability to provide proactive assurance and advisory services that improves operational efficiency, cost effectiveness, risk mitigation, resource management and financial sustainability.

Contributed to thought leadership initiatives and authored an article published in Auditing SA Magazine, in October 2024 on risk governance, and was a former guest speaker with the Institute Internal Auditors South Africa (IIA SA) on King V changes on risk governance, October 2025.

FINANCIAL ADVISOR - OLD MUTUAL

(2025-11)

Provide Financial Advice on risk insurance, investment life wrappers and other related services aligned with FSCA

• Goals Development Discussion
• Identify clients financial planning needs
• Executing the Financial Planning Process
• Recording client's personal information
• Make recommendations on risk insurance and investment products
• Provide risk informed financial advice, and adding value to client's financial portfolio

INTERNAL AUDITOR - DRAKENSTEIN LOCAL MUNICIPALITY

(2019-08 - 2025-05)

Led internal audit engagements covering governance, risk management, compliance, and performance auditing. Delivered insights to strengthen organisational governance, internal controls, and municipal service delivery.

• Conduct risk-based internal audits, and performance information audits,
• Compliance reviews with Municipal Systems Act, Municipal Finance Management Act
• Follow Up Audits
• Delivered actionable recommendations enhancing internal control effectiveness, compliance, and operational efficiency.

CONSULTANT: INTERNAL AUDIT - SEKELAXABISO INC.

(2015-02 - 2018-09)

Executed specialised audit and advisory engagements for state-owned enterprises (SOEs) and public sector departments, providing governance, risk, and compliance insights.

• Evaluate governance structures, risk management practices, and compliance frameworks across entities including Eskom, PRASA, Transnet, and Telkom.
• Conduct various risk assurance and consulting engagements
• Supply Chain Management Audits, Financial Due Diligence, Revenue Management and other related audits
• Conduct Preliminary Investigations
• Contribute to IT Audits assessing general controls
• Improved organisational governance and assurance frameworks through risk-based interventions.

PERSONAL FINANCIAL ADVISOR - OLD MUTUAL

(2014 - 2015)

Provided financial advisory services to individual and business clients, ensuring compliance with regulatory frameworks and promoting sound financial governance.

• Advise clients on investment strategies, retirement planning, and risk mitigation in compliance with regulatory and internal standards.
• Present complex financial information in a clear, actionable manner to clients and stakeholders.
• Improved portfolio performance and risk awareness through structured advisory processes.

FINANCE INTERN - DEPARTMENT OF CORRECTIONAL SERVICES

(2013 - 2014)

Supported the financial accounting and control function, contributing to sound financial management practises aligned with PFMA and Treasury Regulations.

• Assist with preparation and reconciliation of financial accounting journal entries on the basic accounting system
• Assist with budget preparation align to the medium term's expenditure framework
• Debtors and Creditors
• Contributed to accurate financial reporting and compliance with statutory requirements.

CUSTOMER SERVICE - FIRST NATIONAL BANK

(2012 - 2013)

Delivered high-quality customer service and support, ensuring compliance with banking regulations while maintaining operational efficiency.

• Assist clients with account management, transactions, and financial queries.
• Identify customer needs and provide relevant banking solutions.
• Ensure adherence to banking regulations and internal control processes.
• Support branch staff with operational and administrative tasks.
• Achieved high customer satisfaction through proactive support and service excellence.

INTERNAL AUDIT IN-SERVICE TRAINEE - DRAKENSTEIN MUNICIPALITY

(2010 - 2011)

Gained practical exposure to internal audit processes within a municipal environment, including risk assessment, compliance reviews, and performance audits.

• Assist with risk-based internal audits and internal control evaluations.
• Conduct compliance checks aligned to MFMA and municipal policies.
• Prepare working papers, reports, and documentation for audit reviews.
• Support audit team in performance information assessments and assurance mapping.
• Participate in training and development to enhance auditing and governance skills.
• Contributed to improved audit documentation and reporting processes.

Postgraduate Diploma - Internal Audit (NQF 8) - University of South Africa (UNISA) (2025)

Postgraduate Diploma - General Internal Auditing (NQF 8) - FASSET (2021)

Diploma - Internal Audit Technician (NQF 7) - FASSET (2017)

Programme - Forensic and Investigative Auditing (NQF 6) - University of South Africa (UNISA) (2014)

National Certificate - Banking (NQF 5) - Banking Sector Education and Training Authority (BANKSETA) (2014)

National Diploma - Internal Auditing (NQF 6) - Cape Peninsula University of Technology (CPUT) (2011)

National Higher Certificate - Accountancy (NQF 5) - Cape Peninsula University of Technology (CPUT) (2009)

National Senior Certificate - Grade 12 - New Orleans Secondary School (2007)