Denise M. DeMaio

Denise M. DeMaio is chief audit officer at Truist Financial Corporation. She is responsible for company’s internal audit function and provides counsel to senior management on emerging risk trends on governance, processes, technologies and reporting. DeMaio, who joined Truist in 2022, is a member of the Truist executive leadership team.

Previously, DeMaio oversaw Mitsubishi UFJ Financial Group Inc.’s (MUFG) internal audit function for The America’s as the managing director and chief audit executive. She also served as executive officer and deputy global chief auditor for the fifth largest financial group in the world. In these roles, she was responsible for ensuring thorough and effective risk assessment and audit coverage aligned with heightened regulatory expectation and the company’s global audit.

Prior to joining MUFG, DeMaio served as executive vice president and chief auditor, United States, at TD Bank, where she created Audit Centers of Excellence and the U.S. Audit Operations/Professional Practices group, as well as a Regulatory Compliance and BSA/AML Audit Group, to strengthen the bank's control environment.

Driven by purpose, mission and values, she is a certified public accountant and risk professional; a former financial services advisory board member of The Institute of Internal Auditors and a Chairman of the Audit Committee of the Board of the YWCA Metropolitan Chicago; and was recognized by The American Banker in 2021 in the Audit Grouping as one of The Most Powerful Women in Banking.

DeMaio earned her bachelor's degree in accounting from Northern Illinois University AND MBA from Northwestern University's Kellogg School of Management.