Mr. Rahoof “Wally” Oyewole joined LACERS in July 2013 as an internal audit manager. Mr. Oyewole is responsible for the leadership and management of the new Internal Audit Section under the direction of the Board of Administration (Board) and the General Manager.
Internal Audit’s responsibility is to assist the Board and General Manager in the effective and efficient management of LACERS activities by providing independent appraisal and advice to help LACERS focus on strong controls, accurate reporting, effective oversight, mitigation of risks, and protection of assets and investments. Internal Audit will also respond to special reviews and consulting projects requested by management and/or the Board.
Mr. Oyewole’s background includes 15 years of experience in internal auditing. Prior to joining LACERS, Mr. Oyewole served nine years in the Office of the City Controller, Audit Division, where he performed a broad range of audits of City functions and organizations. He also worked several years as a Senior Accountant-Auditor in the Audit Division of the Los Angeles County Auditor-Controller’s Office prior to joining the City Controller in 2004.
Mr. Oyewole earned a Bachelor of Science Degree in Business Administration (with a concentration in Accounting), and a Master of Business Administration Degree from California State University, Dominguez Hills. Mr. Oyewole holds a license in California as a Certified Public Accountant (CPA). He is also a Certified Internal Auditor (CIA), and a Certified Information Systems Auditor (CISA).