Raza Development Fund Names Antonio (Tony) Lopez Chief Financial Officer

Raza Development Fund
June 5, 2023
Blog, press release
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Raza Development Fund Names Antonio (Tony) Lopez Chief Financial Officer

PHOENIX, AZ.— Raza Development Fund (RDF) is proud to name Antonio (Tony) Lopez as Chief Financial Officer, effective July 1. A part of the RDF team for over 10 years, Lopez will step up from his current position as Deputy CFO. Lopez will succeed Rodrigo Vela who has served as CFO since 2012. 

“Tony brings extensive corporate and nonprofit financial experience. We are excited to have him in this role as we look to deepen our work and expand the impact of our organization,” said Annie Donovan, RDF’s President & CEO. 

Tony Lopez joined RDF in 2012. He has previously served as Senior Accountant, Director of Financial Planning and Reporting and currently is the Deputy Chief Financial Officer. Prior to RDF, he spent 16 years in corporate finance with publicly traded multi-national organizations in the staffing, aerospace and travel industries.  In addition to his CPA license, Tony received his MBA from Keller Graduate School of Management and most recently completed an Executive Education and Chief Financial Officer Program at Columbia University Business School.  

“I am honored to have the opportunity to lead such a talented team into the next chapter of Raza Development Fund, and I’m excited for what is to come,” Lopez said.  

May 2023 — (Rodrigo Vela – CFO, Adrian Ruiz – Chief Investment Officer, Scott Richter – Chief Credit Officer, Tony Lopez – Deputy CFO, David Clower – Executive Vice President for Strategic Investments)

Lopez takes the lead as Rodrigo Vela ends his tenure with RDF.  

“I am deeply grateful to the entire RDF organization, our board of directors, staff, investors and funders, for the opportunities, challenges and successes I’ve had serving our Latino community,” Rodrigo Vela, RDF’s Chief Financial Officer said. “I look forward to seeing Tony’s accomplishments in his new position.”  

For over a decade, Vela and Lopez have worked alongside each other to accomplish stellar results for RDF. 

“We are all very thankful to Rodrigo for his important contributions to the success of RDF. Our organization is in sound financial health due to Rodrigo’s management and leadership,” said Annie Donovan. “Rodrigo mentored and built a finance team with a deep bench of talent. We know his work will carry on with Tony at the helm.”   

 

 

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About Raza Development Fund 

Raza Development Fund, Inc. (“RDF”) is a Latino-led and serving Community Development Financial Institution (“CDFI”) formed in 1999 by UnidosUS, (formerly, National Council of La Raza), the country’s largest and longest-serving Latino civil rights and advocacy organization. RDF was created to advance economic opportunity, social mobility, and racial justice. Since inception, RDF has directly invested over a billion dollars in 38 states, leveraging over $6 billion in the areas of education, affordable housing, healthcare, social services, and social entrepreneurship. Headquartered in Phoenix, AZ, RDF lends nationwide.   

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Phone 602-417-1400
Raza Development Fund (RDF) is the largest national, Latino-focused nonprofit Community Development Financial Institution (CDFI). Driven by a mission to close wealth and opportunity gaps in Latino and other under-resourced communities across the United States, RDF provides responsible and attainable financial solutions to community-based organizations focused on health, education, affordable housing, climate resilience, homeownership, and entrepreneurship. RDF was founded in 1999 as a support organization to UnidosUS, the nation’s largest Hispanic civil rights and advocacy nonprofit, formerly known as the National Council of La Raza. As a testament to its exceptional financial strength and impact, RDF stands out as one of the few CDFIs with a prestigious AA- S&P rating. Since its inception, RDF has invested more than $1.3 billion across 38 states, leveraging over $6 billion in additional capital.
In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov (email).

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