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Dov Herdan
Partner & Chief Investment Officer at Parc Capital - Founder & CEO at Staircase Financial
Professional Background
Dov Herdan is an accomplished entrepreneurial businessman with over 20 years of invaluable board-level experience across a diverse range of sectors including finance, technology, and business development. With a strategic mindset and a proven track record, Dov has excelled in various high-stakes leadership roles including Chief Executive Officer (CEO), Chief Operating Officer (COO), and Chief Financial Officer (CFO). His extensive background has equipped him with the expertise to build companies from the ground up, successfully navigating them from startup phases to achieving market listings. Dov is also a principal at a private equity fund where he has demonstrated his ability to identify and develop promising business opportunities.
Dov's career features numerous executive and non-executive appointments that underscore his capability in setting up, building, and growing businesses in dynamic environments. His thorough understanding of the financial landscape and operational intricacies makes him a highly sought-after expert in his field. Dov’s leadership style is underscored by a balanced approach to strategic risk management, governance, and compliance, which he has successfully implemented in various organizations.
Education and Achievements
Dov Herdan's academic qualifications reflect a high level of achievement and excellence. He holds an MBA with distinction from the University of the Witwatersrand and has also obtained a Master's degree in Computer Science, also with distinction, from RAU. His expertise extends into law with qualifications in Australian Tax, Corporations, and Securities Law, ensuring a well-rounded understanding of regulatory frameworks. Additionally, he earned a Bachelor's degree in Electrical Engineering with distinction from the University of the Witwatersrand, laying a strong foundation for his career in technology and business.
Dov's board and executive successes are impressive and highlight his significant contributions to the organizations with which he has been affiliated. Notable achievements include:
- Serving as CFO of the fintech company Moneytech, where he played a pivotal role in funding activities amounting to an impressive $250 million.
- Leading as Chairman on both the Audit Committee and Risk Committee of Moneytech, where he shaped the strategic directions of the company’s financial health and risk management practices.
- Successfully managing a $40 million securitization facility with Westpac, showcasing his adept ability to navigate complex financial arrangements.
- Formulating and overseeing the credit policies that govern Moneytech’s financial operations, which are crucial for maintaining robust fiscal oversight.
- Raising over $10 million in equity funding for Moneytech, thereby bolstering its market positioning and growth potential.
- Leading a rights offer for Prism, a listed payments company, and contributing to its Advisory Board to further assist in its strategic growth.
- Driving an MBO of a medical claims processor, MediKredit, and playing an active role on its Board, enhancing the company’s operational execution and value proposition.
- Engaging in various principal investments as part of his leadership role in a private equity firm, demonstrating his commitment to fostering innovative business ideas and growth.
- Establishing and successfully listing a technology company where he served as CEO, leading the organisation to expand its workforce to 120 employees.
- Orchestrating a significant $40 million merger for EC-Hold, highlighting his strategic foresight and negotiation skills in complex deals.
- Facilitating an expansion capital funding round for an ATM operator and serving on its Advisory Board, contributing to its operational enhancements.
- Building RetailSplash into a formidable multichannel online retail business with a turnover of $10 million by establishing diverse supply chains across Australia and manufacturing capabilities in China.
Organizations
Dov has held numerous prestigious positions throughout his career, showcasing his versatility and depth of experience in various capacities. Noteworthy roles include:
- Chief Investment Officer at Parc Capital: Leading financial investments and shaping strategic initiatives to drive business growth.
- Advisory Board Member at INTELLIGENT LIFE LIMITED: Providing expert input and direction to elevate operational standards and enhance business practices.
- Formerly CEO at Staircase Financial: Spearheading the company’s strategic direction and growth initiatives.
- Investor, Company Secretary, and CFO at MoneyTech: Overseeing critical financial oversight functions and facilitating strategic expansion initiatives.
- Director at Isomi Investments: Contributing to governance and investment strategies to realize organizational objectives.
- Resident at Stone & Chalk: Supporting innovation and entrepreneurship in the fintech sector.
- Founder at EC-Hold and SecWatch Pty Ltd: Demonstrating an entrepreneurial spirit by launching technology-driven companies to meet market needs.
- Business Manager at Council for Scientific and Industrial Research (CSIR): Driving research initiatives and linking scientific discovery with commercial applications.
Dov Herdan exemplifies what it means to be a forward-thinking entrepreneur and strategic executive. His career illustrates a commitment to excellence and innovation in every initiative he undertakes. With a strong educational foundation and a wealth of practical experience, Dov continues to make significant contributions in the realms of finance, technology, and business development, proving himself as a transformative leader within his industries.