Actions of MIT’s 15th president have ‘grown to inspire generations,’ Reif says.
Deborah L. Fisher, senior vice president and chief auditor at UST Corp., has been appointed Institute auditor, effective February 7.
A certified public accountant, Ms. Fisher led all audit and loan review activities at UST Corp., a $6 billion commercial bank. She also served on its executive management, risk management, and asset and liability committees.
At MIT, Ms. Fisher will direct the Audit Division and be responsible for planning, implementing and administering a comprehensive internal audit program. She will report dually to the executive vice president and to the Auditing Committee of the MIT Corporation.
"Ms. Fisher brings innovative approaches to the Institute's audit function, and I believe that she truly understands and appreciates MIT's unique entrepreneurial traditions," Executive Vice President John R. Curry said. "The Audit Division has been and will continue to be a proactive and positive resource in assessing and advising on compliance, operating systems and financial risks. Ms. Fisher's energy, creativity and innate collegiality will extend the MIT traditions of service and leadership."
Before joining UST in 1994, Ms. Fisher worked as a risk management consultant in New York, audit director at Bank of Boston Corp., senior vice president and risk assessment director at Bank of New England Corp., and audit supervisor at Coopers & Lybrand in Boston. She has written about fraud in the workplace and about operational risk management. She also has conducted numerous seminars on various aspects of auditing.
Ms. Fisher received the MBA from the University of Michigan Graduate School of Business Administration after graduating magna cum laude from Duke University.
Charles A. Shaw, the previous Institute auditor, left that position to become the director of Financial Systems Services at MIT in April 1999.
A version of this article appeared in MIT Tech Talk on February 9, 2000.