WASHINGTON, D.C. — Aug. 1, 2019 — Results for Development (R4D) today announced that Debra Sotelo has joined the organization as its chief financial officer (CFO). She is based in R4D’s Washington, D.C., office.
Prior to R4D, Debra was the CFO for CRDF Global, a nonprofit organization that promotes international scientific and technical collaboration through grants, technical resources, training and services. As CFO, she developed and executed the annual financial and technology strategy, operating planning and related KPIs for CRDF’s $36 million budget and 150 employees. She was with CRDF for the past 10 years, serving as CFO for the past 3 years and, before that, as senior director of finance and controller.
“We’re thrilled to have Debra join R4D and our executive team,” said Gina Lagomarsino, R4D’s president and CEO. “Debra brings more than 20 years of accounting experience, with expertise in financial analysis and strategy. I’m confident she will be a great leader for R4D’s finance function.”
The role of CFO has been a critical to R4D’s growth over the years. Since R4D was founded in 2008, it has significantly expanded its portfolio of programs and doubled its annual budget and staff — currently roughly $39 million and 150 people.
“I am excited to join R4D as it evolves over this next phase of growth,” said Debra Sotelo. “I look forward to supporting the organization’s expansion with value-added solutions and technologies.”
Before CRDF, Debra was an assistant controller at Population Services International (PSI) in Washington, D.C., where she was primarily responsible for reporting and consolidating 60 international field offices (ranging in size from $100,000 to $30 million).
She received her bachelor’s degree in accounting from Strayer University, and is a certified public accountant and global management accountant.
About Results for Development
Results for Development (R4D) is a leading non-profit global development partner. We collaborate with change agents around the world — government officials, civil society leaders and social innovators — to create strong systems that support healthy, educated people. We help our partners move from knowing their goal to knowing how to reach it. We combine global expertise in health, education and nutrition with analytic rigor, practical support for decision-making and implementation and access to peer problem-solving networks. Together with our partners, we build self-sustaining systems that serve everyone and deliver lasting results. Then we share what we learn so others can achieve results for development, too. For more information, visit our website at: www.r4d.org.