Mambu bolsters senior team with four hires

Software-as-a-Service (SaaS) cloud banking platform Mambu has made four senior appointments as it scales its operational capabilities, including ex-Amazon Web Services and Microsoft executive Fernando Zandona.

Mambu has hired Zandona as chief technology officer, with responsibility for developing “the next chapter” of the company’s technical and engineering capabilities.

Werner Knoblich will join Mambu as chief revenue officer, having previously been responsible for software development company Red Hat’s expansion across EMEA.

In his new role, Knoblich will help Mambu to capitalise on the market opportunity for cloud banking software and drive increased value for customers.

Tripp Faix is due to join Mambu on 15 July as its new chief financial officer (CFO).

Previously, he was CFO at Marqeta, where he oversaw a fourfold increase in net revenue growth and helped lead its initial public offering in 2021.

Finally, the SaaS platform has hired Cisco senior executive Sabrina Dar, in the newly-created role of chief of staff to the CEO.

Dar will be focused on “priority initiatives” for the CEO and wider business, having spent 21 years at Cisco and with experience working across three continents.

Eugene Danilkis, Mambu’s co-founder and CEO, said: “We’re at an exciting stage in our growth as we scale out our operational capabilities to meet global demand, whilst also evolving as a company that values workplace and product innovation and is committed to doing things differently.

“Our senior team across the world reflects the fantastic work we do as a company, as we continue to deliver on our commitment to creating better financial experiences for customers.”

Last year, Mambu raised €235 million in a Series E funding round that valued the business at €4.9 billion.