Intergovernmental Institution for the Use of Micro-Algae Spirulina Against Malnutrition

Intergovernmental Observer to the United Nations Economic and Social Council Under ECOSOC Resolution 2003/212 Dated 5th of March 2003.
Designated by the United Nations Economic & Social Council Under Rule 79 of the Council’s Rules and Procedures.


Victor M. Richel, Chairman, President and CEO of Richel Family Foundation, was Vice Chairman of the Board of Independence Community Bank Corp., prior to its sale to Sovereign Bank in June of 2006. Earlier, Mr. Richel had been Chairman of the Board and Chief Executive Officer of Statewide Savings Bank. Mr. Richel became Chairman of the Board, President and Chief Executive Officer of Statewide Financial Corp. upon its formation as the holding company for the Bank. He served on the Board of Directors of the Bank since l985 and its predecessor institutions since l974. Mr. Richel is also Chairman, President & CEO of Dominion Partners, a financial investment and real estate partnership. Additionally, he serves as Chairman of Westminster Properties, a development company. Mr. Richel currently serves on the Banking Advisory Board of the New Jersey Department of Banking and Insurance. He was appointed to the board in l996 after being nominated by Gov. Christine Todd Whitman. He has also served on the board of Thrift Institutions Community Investment Corporation of New Jersey (TICIC), and the board of the New Jersey Savings League. In the civic area, Mr. Richel serves as Chairman of the Board of Trustees of Union County College and is also a member of the Board of Governors at the College. He is Chairman of the Board of Trustees of Trinitas Hospital (formerly Elizabeth General Medical Center), Elizabethtown Healthcare Foundation, Independence Community Foundation, as well as the Two Hundred Club of Union County and of the Union County Crime Stoppers. Formerly, Mr. Richel served as a Trustee of the Garden State Cancer Center, Pace University’s Lubin School of Business, and St. Peter’s College Board of Regents. Mr. Richel has received the Union County Association for Retarded Citizens Humanitarian Award, the Alexian Brothers New Jersey Man of the Year Award, the Union County Human Relations Commission Special Achievement Award, the Christopher Columbus Humanitarian of 2003 Award and was honored for “Making a Difference” by the Garden State Cancer Center in 2003. He received the 2005 Humanitarian Award by the Union County Educational Services Foundation, and was honored by Union County College in 2005 for outstanding service, and as a tribute to his outstanding service, the College re-dedicated its Student Commons Building in his name. Mr. Richel was named an Alumnus of Distinction by the Elizabeth Education Foundation in 1997, and he is also a recipient of the 1999 Ellis Island Medal of Honor.

A graduate of Villanova University, Mr. Richel furthered his education by attending marketing and executive development programs at Columbia University and Harvard Business School. Mr. Richel his wife, Andrea, have three children and eight grandchildren.