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Thomas Rumbaugh '81

Thomas Rumbaugh ’81

Currently, Dr. Thomas Rumbaugh is an advisor of the Asia and Pacific Department and mission chief for Bangladesh for the International Monetary Fund in Washington, D.C. He has provided economic policy advice and assistance to a wide variety of countries in Africa and Asia. He has served in the IMF since 1987 and directed the IMF office in Jakarta, Indonesia, from 1995 to 1996.

Rumbaugh graduated magna cum laude with a Bachelor of Science degree in Business Administration from IUP in 1981 and was a member of Gamma Rho Tau, participated in athletic intramurals, and was a Dean’s List honoree. He received a fellowship for graduate studies in economics at the University of Maryland and earned a Ph.D. in 1991. 

He held his first government positions as a summer intern for the U.S. Small Business Administration in 1981 and the Internal Revenue Service in 1983 and 1984. While serving as a staff economist on the U.S. Council of Economic Advisers to the Executive Office of the U.S. President in 1984 and 1985, he provided policy advice and research assistance in international trade. He also taught undergraduate and assisted in graduate-level economics courses at the University of Maryland while earning his doctorate. He was honored with University of Maryland Teaching awards in 1983 and 1986. 

A member of the American Economic Association, Rumbaugh has authored numerous articles on economic issues in developing countries that have been published in journals, trade publications, and books in the areas of international trade, international finance, and developing country studies. His economic expertise on China has also been featured in articles.

Rumbaugh has contributed to IUP scholarship funding. He has served his community as a committee member of the Takoma Park Presbyterian Church, a Plan USA contributor benefiting children in developing countries, an American Red Cross blood donor, and a youth baseball assistant in the Takoma Park Babe Ruth League.

He resides in Takoma Park, Md., with his wife, Patricia Abramski Rumbaugh, a 1980 IUP alumna who is a sports teacher and varsity tennis coach at Washington International School. They have a son, Alexander, and a daughter, Sarah.

Rumbaugh is a 2008 recipient of the IUP Distinguished Alumni Award.

Profile published on 6/30/08

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