AI Governance: Boards Must Act Now to Appoint a 'Designated Survivor' and Build Accountability Architecture

This article urges boards to immediately establish clear accountability for AI agents by appointing a 'Designated Survivor' and implementing a robust governance framework. For internal audit and assurance professionals, this highlights the critical need for proactive AI risk management, emphasizing the importance of a live registry of AI agents, extending delegation of authority frameworks to include AI actions, and establishing regular board-level review of AI activities to mitigate legal, financial, and reputational exposures.