He will continue to serve as CFO and board director of Avant’s subsidiary Zeal Corporation.
Shumpei Kumagai, who joined Japanese software developer and consulting firm Avant Group in April 2024, has been appointed head of corporate investment.
In his new role Kumagai will lead investments and M&A, he said in a LinkedIn post announcing the new appointment.
“With a successful 28-year history and the leading market share in Japanese consolidation accounting software, our goal is to ‘be global.’ Through our corporate investment efforts, we are excited to partner with innovative companies around the world,” Kumagai told Global Corporate Venturing.
“The B2B software sector is particularly exciting, continuously evolving with dynamic shifts and the rapid emergence of innovative business opportunities,” he said.
Kumagai will continue to serve as CFO and board director of Zeal Corporation, a subsidiary of the Avant Group which specialises in building data platforms, a role he has held since 2024.
Prior to Avant Group, Kumagai was director of development at hospitality, gaming and entertainment operator Melco Resorts & Entertainment. He was also head of corporate development at online and mobile game developer Nexon.
