Intelligent Fin.tech Issue 25 | Page 17

G A U G I N G T H E M A R K E T

G A U G I N G T H E M A R K E T

BUILDING THE GLOBAL FINTECH C-SUITE OF THE FUTURE

Darren Heffernan , CEO of Trintech , ver the past decade , the operating environment for FinTech businesses
O has transformed dramatically , prompting an evolution in how C-suites function . Roles like Chief Strategy Officer , Chief Partner Officer and Chief Commercial Officer – which were rare a decade ago – are now central to modern FinTech leadership . The FinTech industry is highly dynamic , marked by fast-paced technological advancements , changing regulatory environments and shifting customer expectations . These roles are essential in creating a clear , long-term strategic vision to sustain growth and profitability in an increasingly competitive market .
My role as the CEO of a global FinTech business sees me in constant communication with a range of CFOs ,
Things are changing . Darren Heffernan , CEO of Trintech , has extensive experience , an inclusive leadership approach and a deep industry knowledge that positions him to steward Trintech ’ s focus on operational excellence and commitment to client services , partnerships and growth . This article by Heffernan explores the evolving roles in FinTech C-Suites , emphasising the rise of positions like CFO and CAIO and the importance of collaboration .
many of whom have seen their role and responsibilities expand in recent years . CFOs for FinTech businesses are those often tasked with moving the business from a ‘ growth at all costs ’ mindset to a ‘ sustainability and profitability ’ focused approach . As such , finance leaders are increasingly expected to lead streams pertaining to technology implementation , strategy and operations . In many cases , this changes the traditional chains of command . It ’ s not uncommon now for CIOs and other members of the C-Suite to report to the CFO rather than the CEO .
These changes have also seen the COO role merge into the CFO role . As priorities shift , the COO role has become rarer , partly because COOs have traditionally been more generalist www . intelligentfin . tech
17