MANGOPAY names Carlos Sanchez Arruti as CFO

By Gloria Methri

Payment infrastructure provider MANGOPAY has announced the appointment of Carlos Sanchez Arruti as Chief Financial Officer. Joining from his prior role at Amazon as CFO of LATAM, Arruti brings a wealth of experience in driving financial strategy, transformational change, and operational excellence in his previous organisation.

With more than 20 years of experience working for financial services, retail, and platform organizations, Arruti will help MANGOPAY achieve strong financial results.

Based in Luxembourg, the 45-year-old joins the MANGOPAY business after acting as Finance Director for Amazon Transportation Services EU and previously as CFO for Amazon LATAM. He also spent two years at American Express as a Vice President of Finance, and 14 years at GE Capital in multiple roles of increasing responsibility.

A native of Puebla, Mexico, Arruti holds an MBA in Corporate Finance from Columbia Business School in New York City, and a bachelor’s degree in Economics from Universidad Panamericana in Mexico City.

He joins MANGOPAY’s executive team – reporting directly to MANGOPAY’s CEO, Romain Mazeries – and will oversee financial planning and analysis, pricing, accounting, treasury, business support

MANGOPAY CEO, Romain Mazeries said, “Carlos has a large experience in managing complex and large PnL plans. His in-depth financial skills will be a key asset in supporting MANGOPAY’s growth trajectory, M&A and integration roadmaps, as well as operational efficiency.”

“I am delighted to be joining MANGOPAY at such an exciting time in the platform economy’s growth journey and being part of a team continually innovating its already market-leading, customer-first ecosystem. As the business continues its upwards trajectory, I look forward to playing a key role in maintaining its sustainable growth”, said Carlos Sanchez Arruti, Chief Financial Officer at MANGOPAY. I am ready to lead this large-scale business and I look forward to using my skills to help accelerate MANGOPAY’s already steep growth trajectory.”

The latest announcement follows a string of appointments by MANGOPAY this year with the addition of Luke Trayfoot as the new CRO, Ronen Benchetrit as CTO, and Olympe Leflambe as General Counsel.