Rocket Companies (NYSE: RKT), the Detroit-based parent company of Rocket Mortgage, has hired Papanii Okai as executive vice president of product engineering.
In this newly created role, Okai will work with the company’s senior technology leaders to create AI-driven products at an even greater velocity. Okai was previously chief technology officer and vice president of engineering at Venmo and was chief technology officer for branded checkout at PayPal.
“We’ve all experienced technology that drives real impact in the world through Papanii’s work with Paypal and Venmo. Now, he will be using that skill to help revolutionize the homeownership journey,” said Shawn Malhotra, chief technology officer of Rocket Companies. “After serving in roles from a hands-on-keyboard engineer all the way to a CTO at both startups and large international tech companies, Papanii’s technical depth and track record for building high-performing and highly engaged teams makes him a valuable asset for us at Rocket. I’m looking forward to working closely with him as he helps us continue to evolve and elevate our technology teams.”
“Homeownership is one of the most impactful things that can happen in someone’s life. It brings security, stability and can build generational wealth – which is exactly why I jumped on this opportunity,” added Okai. “The best way we can use technology is to make the path to homeownership easier, faster and more accessible. I’m looking forward to bridging the gap between technology and human experience, so people across the country, no matter where they are from, feel confident taking this life changing step.”
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