Richard Shumann
About Richard Shumann
Richard Shumann is a Senior Director of Development Finance Operations at Global Communities, with extensive experience in financial management and risk assessment across various international organizations. He has worked in multiple countries and holds degrees in Economics and Public Affairs, along with certifications in risk management.
Current Role at Global Communities
Richard Shumann currently serves as the Senior Director of Development Finance Operations at Global Communities, a position he has held since 2021. In this role, he is responsible for overseeing financial operations and ensuring effective management of development finance initiatives. His extensive experience in the field enhances the organization’s capacity to deliver impactful programs. Prior to this role, he worked as the Director of Development Finance Operations at Global Communities from 2013 to 2021.
Professional Experience
Richard Shumann has held various significant positions throughout his career. He worked at ACDI/VOCA as a Regional Representative and later as a Project Coordinator/Regional Manager. His experience also includes a role as Director of Marketing & Product Development at ACCION International. Additionally, he has served as Chief Risk Officer and Chief Operations Officer at Vitas Group, where he continues to lead initiatives aimed at improving operational effectiveness.
Education and Certifications
Richard Shumann holds a Master of Public Affairs from Princeton University and a Bachelor of Arts in Economics from Macalester College. He has also studied at the London School of Economics, where he completed a General Course in Development Economics and International Development. Furthermore, he is a Certified Expert in Risk Management – Microfinance from the Frankfurt School of Finance & Management, which underscores his expertise in financial risk management.
International Experience
Richard Shumann has extensive international experience, having lived and worked in several African countries, including Mozambique, Angola, and Burundi. His work in these regions has contributed to his understanding of financial inclusion for low-income clients. He has also served in the Peace Corps in Guinea, which marked the beginning of his career in international development.
Board Memberships and Leadership Roles
Richard Shumann has held various leadership roles in nonprofit organizations. He served as the Board Chair of Vitas Palestine from 2019 to 2022 and has been a Board Member of Vitas Lebanon since 2023. Additionally, he was the Board President of MKF Lider from 2016 to 2020. In these roles, he has focused on governance and strategic oversight, contributing to the organizations' missions.