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Indian-American Nilufer Shroff to step down as Princeton University auditor after 17 years

Since 2007, Shroff has led the office of audit and compliance (OAC), significantly enhancing the University’s audit, compliance, and risk management functions. 

Nilufer Shroff / Image- Princeton University

Princeton University’s first vice president and chief audit and compliance officer, Nilufer K. Shroff will conclude her term at the end of this academic year, putting an end to a distinguished service of 17 years. 

Since 2007, Shroff has led the office of audit and compliance (OAC), significantly enhancing the university’s audit, compliance, and risk management functions. 

Following her departure, she will continue in a special projects role within the office of the executive vice president until Dec. 31, 2025, before retiring from her position at the university.

With over 35 years of experience in her field, Shroff has been instrumental in transforming Princeton’s audit and compliance landscape. According to a statement by the University, her leadership advanced critical programs, including the internal audit initiative at the Princeton Plasma Physics Laboratory.

“Nilu Shroff’s outstanding work will benefit Princeton for generations,” said president Christopher L. Eisgruber. “Her values, expertise, and integrity have made her a wonderful colleague, and I am deeply grateful for her many and lasting contributions to Princeton.”

The OAC plays a vital role in safeguarding university assets and ensuring the integrity of operations and resources across campus. Under Shroff’s guidance, the office has become a proactive, trusted adviser, providing critical insights and innovative solutions to the university’s most significant risks, Princeton said.

Through her efforts, Shroff initiated the first university-wide risk assessment and developed the Enterprise Risk Management Framework, which is now fundamental in identifying and mitigating risks institution-wide. She has also been a key figure in shaping the University’s risk strategy and assessing audit priorities.

Executive vice president Katie Callow-Wright commended Shroff, stating, “Nilu’s passion for her area of expertise and her dedication to the research and education mission of Princeton makes her a powerful steward of university resources, principles, and standards.”

Shroff’s tenure has seen the successful implementation of numerous high-impact projects, including comprehensive audits in financial exposure areas, information technology systems, and compliance assurance. Recently, the OAC received the highest possible rating from a quality assurance review conducted by the Institute of Internal Auditors, recognizing its integral role in Princeton’s governance.

Reflecting on her time at Princeton, Shroff expressed gratitude for the University’s commitment to integrity and service. “At Princeton, there is a shared commitment to always doing the right thing,” she stated. “I am deeply grateful for this environment, which has greatly contributed to my successful tenure.”

Shroff also acknowledged the support of her team, particularly during the challenges posed by the COVID-19 pandemic. “Their resilience has been invaluable,” she noted, emphasizing their roles as problem solvers and thoughtful advisers.

Before joining Princeton, Shroff held leadership positions in internal audit and compliance at the University of Pennsylvania and the Children’s Hospital of Philadelphia, and she has extensive experience as a public accountant in India.
 

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