Chief Technology Officer
Mana Search was retained by an award-winning fintech who was looking to replace an underperforming CTO. The business had some extremely ambitious growth plans into multiple territories, it was vital the hire was made in a timely fashion.
Industry Sector: Financial Services – Business Lending
Number of Employees: 101-250
Last Funding Type: Series C
Total Funding Amount: $111.8M
Key deliverables for this engagement included; Performing an essential role within the executive team: designing and implementing business strategies, plans and procedures and delivering those strategies to the board and advisers; Defining the firm’s development stack, technical roadmap, and architectural framework; Recruiting, managing and mentoring the development team, developing an appropriate plan for staffing the team in a cost-efficient way and setting goals for performance and growth.
From discussing the clients requirement, an agreed profile was defined in conjunction with the CEO & HR Director, a full map of the market was provided with over 30 individuals contacted, from this a suitable shortlist was presented with 3 available CTO’s with a range of expertise ranging between 10 – 15 years and having the expertise and knowledge of building and leading an engineering team both in large corporations across multiple sectors and smaller scale-ups within financial services. Interviews commenced and an offer was accepted to a candidate within 14 days of commencement
The client appointed a CTO within 14 days of briefing Mana Search, the CTO has overseen the growth of the engineering team by over 150% – the desired migration from a 50% outsourced operation to now 100% inhouse. The CTO has also been the driving force behind the growth into multiple territories, becoming one of the key members of the executive team.