Cloud banking platform Mambu announced that its CEO and Co-founder Eugene Danilkis will be stepping down effective immediately.
Mambu said that Eugene made the decision to step down after thirteen years at the company for personal reasons. He will continue to play an important role in the future of the business as a member of the board.
In the meantime, current Chief Product and Technology Officer Fernando Zandona will take on the role of interim CEO. Mambu has started a search for a successor.
Fernando is a technology and product leader with more than 20 years of experience in various organisations, including Microsoft and Amazon. He joined Mambu in June 2022, moving from Amazon Web Services, where he was the General Manager of AWS Fargate and Amazon Linux.
Commenting on his interim appointment, Zandona said,
“I’m honoured and humbled by the opportunity to lead Mambu through this transition and appreciative of all the support from the board of directors, Eugene, and my leadership team.
Mambu has an immense opportunity to continue disrupting the financial services market and to delight our customers and their customers with better financial experiences.”
Fritz Oidtmann, Chairman of the Mambu Board said,
“We would like to express our sincere gratitude to Eugene for his commitment, vision and dedication to the company he has helped to build from the ground up since 2011.
Under his leadership, Mambu has gone from strength to strength to operate across six continents, supporting over 280 customers and serving over 110 million end users with our cloud platform worldwide. We fully respect and support Eugene’s decision to step down and prioritise personal matters at this time.”
