The Governance, Audit, Risk & Compliance Department (GARC) at Riphah International University, Islamabad, was established in May 2019 to provide comprehensive oversight and insight into corporate management, policy enforcement, internal audits, risk management, and legal conformity across the University.

GARC ensures seamless implementation of policies and best practices across Riphah International University, IIMCT, and Riphah Health Services (RHS), playing a critical role in managing procurement, financial, and non-financial transactions within Riphah Health Services and its four teaching hospitals. With a team of skilled professionals deployed across campuses, GARC embodies a robust framework for enhancing organizational efficiency, transparency, and governance.

Core Areas of Focus:

• Governance: GARC oversees corporate strategy, policy management, committee frameworks, regulatory advisories, ERP implementations, and training programs to strengthen institutional governance.
• Risk-based Internal Audit: The department executes and reports on audit plans and ad hoc assignments, identifying control weaknesses and recommending improvements.
• Enterprise Risk Management: GARC identifies, evaluates, and mitigates organizational risks using a structured risk universe framework.
• Compliance Management: It ensures end-to-end transactional integrity, adhering to policies, procedures, and industry best practices.

Key Objectives:

• Stability: GARC builds a scalable, agile control environment to address both immediate and long-term risks.
• Optimization: By streamlining value-added activities and eliminating inefficiencies, GARC enhances organizational productivity.
• Transparency: The department promotes visibility into organizational processes, empowering stakeholders with actionable insights.
• Cost Reduction: Effective GARC practices minimize duplication and inefficiencies, reducing overall operational costs.
• Consistency: Alignment with the University's mission, vision, and values enhances decision-making agility and confidence.

GARC is committed to fostering a culture of excellence and resilience, ensuring Riphah International University thrives in its mission to provide quality education and healthcare services.