2024–25 IIA Chair of the Board  

Terry Grafenstine is the 2024–25 Chair of the Global Board of Directors of The Institute of Internal Auditors (IIA) and has served on both the IIA’s North American and Global Boards of Directors prior to assuming this role.

Terry is currently the Chief Audit Executive at Pentagon Federal Credit Union, where she is responsible for leading internal audit teams covering all aspects of operations. She has more than 25 years of experience in leadership positions spanning internal audit and information technology roles, notably serving as the Inspector General of the U.S. House of Representatives from 2009 to 2017, where she oversaw audit, advisory, and investigative services. Previously she led internal audit teams spanning over 150 countries as Citi’s global chief auditor for Operations & Technology. Earlier in her career, she served as Managing Director in Deloitte's Risk and Financial Advisory practice.

She was named one of The IIA’s "Top Ten Audit Thought Leaders of the Decade” and was also inducted into The IIA’s Hall of Distinguished Audit Practitioners. Her platform as chair – “Ask Questions,” – will encourage internal audit practitioners to dig deeper into the nuances of how organizations today operate and the potential risks they face to proactively tackle complex issues. It will place a particular emphasis on technology and the important questions internal auditors need to address to stay ahead of the risks brought forth by technological change.

2024-25 IIA NORTH AMERICAN BOARD CHAIR

R. Michael Varney is the 2024–25 Chair of the North American Board of Directors of The Institute of Internal Auditors (IIA). He has served in multiple roles with The IIA, including chairing the audit committee on the North American Board and as a member of the Chapter Relations Committee and Finance and Investment Committee.

Michael is a Partner in Crowe’s consulting practice and has over 20 years of experience in financial and operational risk management. As a consultant, he is focused on supporting clients in the development and transformation of internal audit departments, and execution of specific operational audit activities.

IIA PRESIDENT AND CHIEF EXECUTIVE OFFICER

Anthony J. Pugliese is President and CEO of The Institute of Internal Auditors (IIA), the internal audit profession’s most widely recognized advocate, educator, and provider of standards, guidance, and certifications. Over a career spanning more than 30 years, Pugliese has been a strategic, hands-on leader who has directed expansions into major global markets, pioneered innovative educational initiatives aimed at enhancing members’ professional growth, overseen the internal audit function of a major organization, and re-shaped cultural norms toward greater diversity, equity, and inclusiveness (DE&I). As CEO of The IIA, he drives the vision and management of a global professional association that represents more than 230,000 members, 164 chapters, and 115 national institutes in nearly 200 countries and territories. His focus is on enhancing membership services, creating new approaches to learning and competency development programs, global advocacy, and enhancing the value of internal audit, particularly in its role of addressing organizational risks and opportunities. He is helping both The IIA and the internal audit profession evolve for the future through projects to modernize professional standards and certifications. He spearheaded the groundbreaking “Internal Audit: Vision 2035 - Creating Our Future Together" project, which aims to identify what the internal audit profession will look like – and should look like – in 2035 and create a roadmap to help the profession achieve that vision.