Mambu’s co-founder and CEO Eugene Danilkis steps down

Cloud banking platform Mambu’s co-founder and chief executive officer Eugene Danilkis has stepped down with immediate effect, citing “personal reasons”.

While the board conducts a search to find a successor, Fernando Zandona, current chief product and technology officer at Mambu, will take on the role of interim chief executive officer.

Danilkis, who spent 13 years at the company, will continue as a member of the board.

In a statement, the company said he is “fully supported by Mambu’s board of directors, shareholders and the Mambu leadership team”.

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.”

Zandona joined Mambu in June 2022, from Amazon Web Services, where he was the general manager of AWS Fargate and Amazon Linux.

“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,” he said.

“Mambu has an immense opportunity to continue disrupting the financial services market and to delight our customers and their customers with better financial experiences.”