Macrina Kgil Joins Figure Technology Solutions as CFO; Formerly with OneMain Holdings

Figure Technology Solutions Names Macrina Kgil as CFO to Accelerate Growth

In a significant development for Figure Technology Solutions, the company appoints Macrina Kgil as its new Chief Financial Officer. This strategic move comes as Figure seeks to enhance its operational efficiency and solidify its position in the fintech landscape. Kgil's extensive background in public markets and finance positions her well to lead the company's financial strategy at a time when Figure is experiencing remarkable growth metrics, including over $1.5 billion in quarterly originations and an 80% year-over-year revenue increase. CEO Michael Tannenbaum lauds Kgil's appointment, highlighting her qualifications and the potential benefits her leadership could bring to the firm.

Kgil's expertise is particularly noteworthy given her previous roles at Flow and OneMain Holdings, where she was instrumental in pivotal financial operations, including the acquisition of OneMain from Citigroup and overseeing its initial public offering. Her experience in both the fintech and blockchain sectors equips her to contribute significantly to Figure's mission. The company has recently gained traction with its liquid lending marketplace, Figure Connect, which has been a driving force behind its impressive financial results. With Kgil at the helm of finance, Figure aims to not only maintain this momentum but also instill greater confidence among its investors.

As a founding member of the F Suite, an executive community of leading CFOs, Kgil's leadership is expected to foster a culture of innovation and financial discipline within Figure. The company, recognized for its disruptive approach to improving efficiency and transparency in financial services, is poised to benefit from her insights and strategic oversight. This appointment is part of a broader organizational restructuring following Figure's spin-off from Figure Markets Holdings earlier this year, which also saw the introduction of Ron Chillemi as Chief Legal Officer.

In addition to her financial acumen, Kgil holds an engineering degree from Seoul National University, underscoring her analytical capabilities and problem-solving skills. As Figure continues to expand its reach in the financial technology space, Kgil's role will be crucial in navigating the complexities of growth while ensuring robust financial management.

Figure's innovative solutions, particularly through its subsidiary Figure Lending LLC, which stands as the largest non-bank provider of home equity lines of credit, reinforce its commitment to redefining the financial services marketplace. With Kgil's leadership, the company anticipates further advancements in its product offerings and an expansion of its network of lending partners, enhancing its competitive edge in the industry.