The Apollo board will add Meyer “Micky” Malka, founder and managing partner of Ribbit Capital, effective January 1, 2027. Apollo Global Management announced the appointment on October 20, 2026, bringing a technology and financial-services investor onto the alternative asset manager’s board.
Key Takeaways
- Malka’s appointment takes effect on January 1, 2027, expanding the board to 14 directors.
- The Ribbit Capital founder has more than 30 years of technology and financial-services experience.
- Apollo said it continues to maintain a two-thirds independent board.
Table of Contents
- Apollo board expands with a technology investor
- Malka brings banking, payments and investing experience
- The business Malka will help oversee
- Conclusion
Apollo board expands with a technology investor
Apollo’s board appointment announcement sets the effective date at the start of 2027, rather than immediately. The company said the addition will increase its board to 14 directors and that it continues to maintain a two-thirds independent board.
Marc Rowan, Apollo’s board chair and chief executive officer, pointed to Malka’s experience as the reason for his selection: “Micky has spent his career building companies at the intersection of technology and financial services, and his background will be a real asset as we continue to drive growth across our platform.”
Lead Independent Director Gary Cohn also highlighted Malka’s entrepreneurial record and global perspective. The appointment adds board-level experience; the announcement did not describe a new executive role for Malka.
| Item | Details |
|---|---|
| Patagon.com | Malka developed the internet financial-services business, which Banco Santander acquired in 2000. |
| Banco Lemon | He co-founded the Brazilian bank serving underbanked customers; Banco do Brasil acquired it in 2009. |
| Bling Nation and Lemon Inc. | He co-founded mobile payments company Bling Nation, which evolved into mobile wallet business Lemon Inc. and was acquired in 2013. |
Malka brings banking, payments and investing experience
Malka has spent more than three decades building and investing in businesses across the United States, Europe, Asia and Latin America. Ribbit Capital focuses on technology companies, and he also serves on the board of Robinhood Markets and several private companies.
His earlier ventures span securities brokerage, internet financial services, retail banking and mobile payments. He co-founded Heptagon Group, a broker-dealer serving the Venezuelan and U.S. markets, and holds an economics degree from Universidad Católica Andrés Bello in Caracas, Venezuela.
The business Malka will help oversee
Apollo operates an alternative asset-management business spanning investment-grade credit through private equity. It also provides retirement savings products and institutional solutions through Athene.
The company reported approximately $1.05 trillion in assets under management as of June 30, 2026. That figure describes Apollo’s scale at that reporting date, not its assets at the time of the October appointment announcement.
Conclusion
The next confirmed milestone is January 1, 2027, when Malka’s appointment takes effect. His addition brings further technology, banking and payments experience to Apollo’s board.
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