Case Study: Chief Financial Officer – Kizmet Capital

The Client

Kizmet Capital is a boutique financial services provider who is unapologetically focused on finance for pharmacy. With a holistic suite of products and solutions, Kizmet is passionate about generational shifts in pharmacy ownership, covering solutions to shape the ownership landscape of the future.

In addition to traditional commercial, asset and residential finance, Kizmet boasts an industry-leading and innovative investment fund, providing a unique and independent funding model for young pharmacists and an attractive opportunity for investors.

The Challenge

Kizmet had experienced a period of rapid growth, and with plans to launch a new funds management operation.

• Working in partnership with the CEO, Kaizen Recruitment was engaged to recruit a CFO to lead and support the business as they continue their upward growth trajectory.
• The CFO position was critical as it came at a time when Kizmet was continuing to manage an already large existing loan book, while proceeding to launch a new funds offering.
• The ideal candidate needed to be driven, energetic, and have experience across high-growth organistions. They would be required to work on mapping out and improving existing finance functions, managing, and working closely with the board and CEO on the raise of the new fund along with a strong technical accounting background.

Kaizen Recruitment: Process and Solution

• Kaizen ran a broad market search mapping out the entire domestic fund’s management and financial services market, proactively approaching senior finance professionals in a targeted and confidential manner.
• As an established specialist search firm, Kaizen Recruitment was able to quickly identify and shortlist four highly respected and
  qualified candidates for the position. All candidates had met the criteria set by Kizmet and came from a mix of funds management and commercial management backgrounds ranging in experience from present. Executive-level candidates to those candidates who were looking to grow into a CFO level position.
• Further market data on salaries and bonus structures was compiled during our research process, which was supplied to assist with the offer and negotiation process.
• Kaizen Recruitment managed a professional, highly targeted, and timely search process partnering with the Board and CEO, assisting with interviewing, reference checking, providing the offer, negotiations and resignation process resulting in a successful appointment of their new CFO Pravin Kandeepan.

Testimonial

“I would highly recommend Amanda from Kaizen Recruitment. They supported me through the whole recruitment process and were very professional. Honest and open communication provided at all times.”

Pravin Kandeepan, CFO Kizmet