Nubank appointed Rob Livingston as Chief Financial Officer to guide its next stage of business growth. The Chief Financial Officer will oversee financial leadership across global operations. In addition, the Chief Financial Officer will support capital planning, investor relations, and corporate finance efforts. Nubank said the appointment becomes effective on July 13.
Nubank Expands Financial Leadership Through Executive Transition
Rob Livingston joins Nubank after years of leadership experience in financial services. Moreover, he most recently worked at Visa as CFO for North America. During his time there, he handled investor relations, financial planning, and regional leadership work. Earlier, he also spent many years at Capital One in senior finance positions. Therefore, Nubank adds deep experience in fintech growth and digital banking leadership.
Meanwhile, Guilherme Lago will move into a Special Advisor role after serving as CFO for five years. He will support the leadership transition through August and continue advising on strategy matters. Furthermore, Nubank said Lago helped strengthen profitability and financial performance during major business expansion.
“Lago has been a true partner and helped lead the finance organization through Nubank’s growth into the leading digital bank in Latin America. After careful consideration, he decided this was the right moment to step down, and we shaped this succession together. Rob Livingston is the right person to lead the team through what comes next. Our priorities- growth in our core markets, reshaping Nubank around AI, and disciplined international expansion- are unchanged,” said David Velez, founder and CEO of Nubank.
“I joined Nubank in 2019, when the company had around 20 million customers and operated only in Brazil. Today Nu has 135 million customers across three countries, with a finance organization strong enough to lead through any cycle. That is the work I am most proud of, and this is the right moment to step down. Thank you to David, the Board, and every Nubanker for these seven years. I will stay engaged through the transition and remain close to Nu as an advisor,” said Guilherme Lago.
“I’m excited to be joining Nubank. What this team has built in only 13 years is truly extraordinary, but the opportunity ahead is even brighter, and I’m extremely excited to be part of the next steps of Nu’s journey. At Nubank, my focus will continue to be on superb execution of the finance organization, optimizing capital allocation, and supporting Nu’s next stage of growth,” says Livingston.
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Source: Businesswire