Marquis Who's Who Honors Diamanto Vakalfotis, MBA, CFE, CFIRS®, for Expertise in Risk Management and Audit Services
Press Release March 16, 2026
Diamanto Vakalfotis, MBA, CFE, CFIRS®, is recognized for excellence in the financial services industry
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In her current role as an assistant vice president part of Business Risk Management at State Street Corporation since 2021, she reviews incidents and billing discrepancies as they arise.

BURLINGTON, MA, March 16, 2026 /24-7PressRelease/ -- Diamanto Vakalfotis, MBA, CFE, CFIRS®, has been selected for inclusion in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

Ms. Vakalfotis has established a distinguished career in risk management and internal audit, demonstrating expertise in billing issues, control implementation, root cause analysis and risk mitigation strategies. In her current role as an assistant vice president part of Business Risk Management at State Street Corporation since 2021, she reviews incidents and billing discrepancies as they arise. Her role involves ensuring that controls are in place, understanding the root causes of issues and implementing additional safeguards when risks are identified. Ms. Vakalfotis escalates concerns to upper management, monitors incidents to ensure they do not exceed thresholds and follows up on all escalated matters. She meets regularly with management teams, including governance and billing, to assess needs, review aged and outstanding incidents and share existing controls. Her oversight ensures tasks are completed promptly, billing errors, if applicable are escalated without a delay and required remediation is thoroughly executed. Through close collaboration with the billing team, she tracks progress, provides necessary support and advances organizational objectives.

Before her current position, Ms. Vakalfotis served as quality assurance officer at State Street Corporation from 2017 to 2021. In this role, she reviewed compliance issues within the newly established compliance department, which was created to meet evolving regulatory requirements. Her responsibilities included ensuring accurate system entry, proper remediation of compliance matters and transitioning to the risk management team, where she further honed her skills in risk assessment and control verification.

From 2013 to 2017, Ms. Vakalfotis was a senior internal auditor at Wolf & Company P.C., where she conducted audits primarily for banks within the internal audit group. This position required extensive travel and encompassed service organization control reporting, SOX testing, trust audits and other bank area audits. Her work contributed significantly to the integrity of financial operations for client institutions.

Ms. Vakalfotis began her professional journey at Kelmar Associates LLC as a senior audit associate from 2007 to 2013. While working for this firm specializing in unclaimed property, she reviewed companies to ensure no funds were owed to customers or clients. Her diligence in this capacity laid the groundwork for her subsequent achievements in auditing and risk management.

Throughout her career, Ms. Vakalfotis has demonstrated a commitment to continuous learning and professional development. She is particularly proud of earning the Certified Fraud Examiner certification, reflecting her longstanding interest in fraud prevention and detection. Although not applied daily, this knowledge serves as an important reference point when reviewing documentation, especially in areas susceptible to fraudulent activity, such as billing. Additionally, she holds the Certification in Fiduciary Investments Risk Specialist designation after completing rigorous coursework and passing the final examination. These credentials underscore her dedication to advancing her expertise and maintaining high standards within her field.

Ms. Vakalfotis's academic background includes a Master of Business Administration in accounting from Bentley University in Waltham, Massachusetts, conferred in 2009, and a bachelor's degree in accounting information systems from Bentley University, awarded in 2008. She completed a comprehensive five-year program at Bentley University that enabled her to earn both undergraduate and graduate degrees while gaining practical experience at Kelmar Associates LLC. The combination of academic achievement and hands-on experience has been instrumental in shaping her analytical abilities and professional acumen.

Her success is rooted in values instilled during her upbringing in Arlington, where she worked alongside her father at his pizza restaurant. This early exposure taught Ms. Vakalfotis the importance of hard work, resourcefulness and perseverance, qualities that have guided her throughout her career.

Beyond her professional pursuits, Ms. Vakalfotis is actively engaged in civic organizations and community initiatives. She has served as treasurer, co-president, and fundraiser for the parent-teacher organization at her son's elementary school; volunteered as a fundraiser and chairperson for events such as the Greek Festival, GyroFest, and activities at her local church; and contributed time to Adopt-A-Class by working directly with the class sponsor to support educational scholarships for students graduating high school for class of 2034 through fundraisers.

Her achievements have been recognized through inclusion in Who's Who Among Students in American Universities and Colleges and Who's Who Among American High School Students.

In her personal life, Ms. Vakalfotis enjoys spending time with her son—attending his sports events, bringing him to gymnastics and soccer practices—and prioritizes wellness through gym sessions, dancing and other movement-based activities. She maintains a focus on personal health, self-care and recovery.

Looking ahead, Ms. Vakalfotis intends to leverage her expertise in fraud prevention more actively within her organization. Her goal remains to enhance operational efficiency while safeguarding against potential risks and fraudulent activity, reflecting both her professional dedication and a forward-thinking approach to risk management.

About Marquis Who's Who®:
Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America®, Marquis Who's Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Who's Who in America® remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. The suite of Marquis® publications can be viewed at the official Marquis Who's Who® website, www.marquiswhoswho.com.

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