Osome appoints Eugenio Ferrante as new chief executive officer

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Rei Fortes

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1 minute ago

Osome appoints Eugenio Ferrante as new chief executive officer

Singapore – Osome has appointed Eugenio Ferrante as its new chief executive officer. The change in leadership formalises a succession process that began more than a year ago, when Eugenio started working with the company in an advisory role.

Under Eugenio’s leadership, the company intends to continue investing selectively in areas it considers to have strong growth potential, while maintaining a focus on cost control and operational efficiency. Osome also plans to further tailor its services to different customer segments across its markets and currently supports close to one in ten technology start-ups established in Singapore.

The appointment follows a period of strong commercial performance for Osome, reporting consecutive record months for new customer revenue in November and December 2025, with year-on-year growth of 100%  and 85%, respectively. Key performance indicators also showed improvement, with annual recurring revenue increasing by 22% year on year and average revenue per user rising by 25% over the same period.

“We stopped trying to be everything to everyone. We asked ourselves: what do global founders coming to Singapore, Hong Kong, the United Kingdom, and the United Arab Emirates actually need,” Engenio commented. 

He added, “The answer was simple—remove the administrative chaos so they can focus on building their businesses.”

Over the past year, Osome has restructured its go-to-market approach, placing greater emphasis on sustainable revenue generation and service quality rather than rapid customer acquisition. Sales, marketing and delivery functions were overhauled, alongside changes aimed at improving the overall client experience.

The company’s platform is designed to support entrepreneurs operating across multiple jurisdictions by reducing the administrative burden associated with company formation, accounting and compliance. Its customer base primarily comprises founders seeking to minimise time spent on regulatory and operational tasks to focus on business growth. 

The wider business administration and accounting services sector has expanded as regulatory requirements become more complex and cross-border entrepreneurship increases. Osome’s presence across multiple jurisdictions positions it to serve founders establishing operations in global financial centres. 

The company is also developing its platform around three core areas: improving real-time financial visibility for clients, streamlining month-end processes through automation, and enhancing decision-making support using continuously updated data insights. 

Founder Victor Lysenko stepped down from the business in 2025 after leading Osome from its launch to a customer base of more than 30,000 organisations. The transition marked the end of his direct involvement in day-to-day operations.

Eugenio now takes the lead with experience in scaling and exiting businesses operating in regulated environments. Most recently, he led Casa Mia Coliving to a successful sale and previously founded ColivHQ, a software platform serving the co-living and rental housing sector. 

Previously, he held senior operational and regional positions at Acronis, Parallels and Bain & Company, as well as serving as chief of staff within a global technology firm.

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