This document is a report reflecting on the five-year anniversary of IBM's AI Ethics Board, established in 2019 as part of the company's AI governance framework. It outlines the evolution of IBM's governance journey, highlighting key milestones such as the appointment of an AI Ethics Global Leader in 2015 and the co-founding of the Partnership on AI in 2016. The report details the Board's mission to ensure that AI development aligns with IBM's values and ethical principles. It describes the organizational and technical governance structures in place to manage AI lifecycle and compliance, emphasizing the importance of trust and transparency in AI deployment. The document also discusses the Integrated Governance Program, which allows IBM to proactively address AI requirements. Additionally, it covers the Board's influence on AI ethics in the marketplace and its role in shaping policies and regulations. The report concludes with IBM's commitment to training and educating stakeholders on AI ethics, aiming to prepare the workforce for future challenges in the AI landscape.