CEO of the Week

CEO of the Week: David Schranz, Founder & CEO of Dakar Software Systems and CEO of Ledger Projects

Founder and CEO of Dakar Software Systems and Ledger Projects, David Schranz is a technologist and entrepreneur with over 30 years’ experience in the IT sector. He set up Dakar Software Systems in 1994, a company specialising in offering people management software solutions to clients in nine countries. In 2015, together with a team of entrepreneurs, he also founded Ledger Projects Ltd, which offers Blockchain and Distributed Ledger Technology software solutions.


Executive Profile

Name: David Schranz

Born:  9th January 1968

Marital status: Married to Karen Schranz for over 22 years

Family: My wife Karen and three kids: Oksana (21 years), Nicky (19 years), Lily (6 years). We also have 2 dogs, 1 cat and 2 rabbits.

Home: High Ridge, Madliena

Car: To get me from A to B 

School/Education: Stella Maris College, BSc IT, MSc IT (University of Liverpool)

First job: Software Developer at Professional Computing (Agents for Compaq and Apricot computers in 1984)

Current job & company: Founder and CEO Dakar Software Systems, CEO Ledger Projects

Favourite pastime: Dining out, watching movies and drinking wine in good company

Favourite book: REWORK (David Heinemeier Hansson & Jason Fried, founders of 37 signals)

Favourite film: Shawshank Redemption, Inception

Favourite music: INXS, Eagles, Foreigner, Survivor, Genesis, Smokie, ELO, Alan Parsons, Coldplay

Favourite gadget: HIVE IOT Cameras

Last holiday: Scotland and London with the family

Favourite quotes:  “Luck is a dividend of sweat. The more you sweat, the luckier you get.” - Ray Kroc

Role models/heroes: Ray Kroc, Warren Buffett

Best advice that I have ever received:  Action creates opportunity


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What does a typical day in your life look like?  

I’m woken up by my 6 year-old daughter Lily at 6:00am, or by my son returning from a heavy night out. I sit at my computer at home to document my crazy ideas, which I dreamt of the previous night. I head off to work or to my first appointment at 8:30am. When I have time, I stop for a quick bite with my wife Karen or my brothers Ian and Steve, and then I head back to the office until 8:30pm. I go back home to spend time with my family and kiss Lily good night. Most of the times I go out for dinner with Karen.

What business issues are high on your agenda? 

There are three top priorities high on my agenda:

  • Striving to create that 5-star customer satisfaction business.
  • Delivering functional software products that make peoples life’s that little bit easier.
  • Learning more about the beauty of Distributed Ledger Technologies.


What motivates you to get to the office in the morning?

Materialising ideas and dreams with the rest of the team.


Ta’ Victor Restaurant, Marsaxlokk   


My Malta

My favourite location: Home

My favourite local food: Rabbit

My favourite dining experience: Ta’ Victor in Marsaxlokk

My favourite nightspot: Anywhere that serves great wine!


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