Mambu, the Cloud Banking Platform, Appoints Fernando Zandona as CEO

Mambu, the cloud banking platform, has appointed Fernando Zandona as Chief Executive Officer.

After serving as interim CEO since June – having previously held the role of Chief Product and Technology Officer at Mambu – Fernando will now “spearhead the business as it enters its next phase of growth.”

Founder and former CEO Eugene Danilkis announced he was stepping down as CEO of the company he created this past June. At that time, Mambu said Danilkis exited the leadership position due to personal reasons adding that he would continue to play a role in the firm as a member of the board. Danilkis was the CEO of Mambu for 13 years.

Fernando is a “proven” technology and product leader “with more than 20 years’ experience in various organizations, including Microsoft and Amazon.” Before joining Mambu in 2022, he was General Manager of AWS Fargate and Amazon Linux, where he “was responsible for the success of the company’s product strategy and roadmap.”

Fritz Oidtmann, Chairman of the Mambu Board, said:

“During his time as interim CEO, Fernando has demonstrated deep industry and technical expertise, combined with a natural aptitude for leadership. His in-depth understanding of cloud technology, experience working in customer-centric businesses, and track record of developing high-performance teams focused on innovation are a natural fit with Mambu. We’re confident he’s the right person to take the business forward on a permanent basis, as we continue to transform the banking industry and help our customers to deliver delightful financial experiences.”

As permanent CEO, Fernando will be “based at Mambu’s head office in Amsterdam and will continue to collaborate closely with Mambu customers and the company’s global team to drive forward his vision for the business.”

Commenting on his appointment, Zandona said:

“I’m excited to lead the company through this next phase of growth, leveraging our team’s expertise and commitment to innovation to deliver real benefits for customers.”

As noted in the update, Mambu claims it is “the leading provider of SaaS cloud banking technology globally.”

With more than 280 customers, and over 120M end users worldwide, the company remains committed “to developing its product offering as it powers the creation of new banks, lenders, and fintechs, and supports existing financial businesses to migrate onto more modern tech stacks.”

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