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Virginia State University appoints a Chief Audit Executive

Published date: November 8, 2017

Sheila AlvesMs. Sheila Alves is Virginia State University’s (VSU) newly appointed Chief Audit Executive (CAE). She brings more than 20 years of combined experience in internal and external audit in the government, banking and manufacturing industries. As CAE, Ms. Alves and her team are charged with assessing financial processes, policies, procedures, operations and systems to ensure reliability and integrity of information; evaluating compliance with policies, plans, laws, and regulations; and investigating potential fraud, waste and abuse with the intent of safeguarding assets and improving operations to leverage the most economical and efficient use of resources.

Ms. Alves served as the VSU director of IT Governance and Risk Management. Prior to joining VSU, Ms. Alves worked for VITA as an audit executive for more than 10 years;  she and her team were responsible for financial, operational, compliance, information technology audits and fraud and waste and abuse investigations. She worked as a senior examiner with the Richmond Federal Reserve Bank and was responsible for performing bank examinations in the Fifth District which includes Maryland, D.C, Virginia, West Virginia, North Carolina and South Carolina. Ms. Alves worked for MeadWestvaco (now WestRock), as an audit supervisor where she performed IT and operational audits, project management reviews and supervised and trained auditors. During her employment with Wachovia, she held the position of assistant vice president and internal audit officer where she lead audits and performed project management reviews of the retail banking activities and mortgage corporation operations, and participated on the merger team for branch operations.

Ms. Alves has supervised and trained auditors and has performed audits domestically and abroad. She worked as an applications programmer after receiving the bachelor’s degree in computer science from the School of Engineering at Cal Poly State University. She also completed banking school at the University of North Carolina-Chapel Hill, which was a three-year program.

Ms. Alves is a certified internal auditor, a certified fraud examiner and a certified information systems auditor. She is a member of the Institute of Internal Auditors, the Information System Audit and Controls Association, and the Association of Certified Fraud Examiners.  In addition, Ms. Alves is the 2017- 2018 Region II Professionals Chair Emeritus of the National Society of Black Engineers.

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