Revolut Co-Founder Vlad Yatsenko Steps Down as CTO
Vlad Yatsenko, the co-founder and chief technology officer of Revolut, has announced his decision to leave his role at the challenger bank on July 1. He will transition to a non-executive director position within the company, as reported in an emailed statement by Banking Dive. Yatsenko expressed contentment with his decision, noting Revolut’s transformation from a startup to a global powerhouse.
Donato Lucia, Revolut’s head of technology, will succeed Yatsenko in the role, which will be renamed as vice president of technology. The company expressed its pleasure in retaining Yatsenko’s expertise on the board.
Nubank’s Financial Leadership Changes
Nubank, a Brazilian challenger bank, has recently undergone a leadership shakeup with the appointment of Rob Livingston as the new chief financial officer. Livingston, a seasoned executive with over three decades of experience in financial services, including a notable tenure at Visa, will take over from Guilherme Lago. The transition was carefully planned, with David Velez, founder and CEO of Nubank, affirming Livingston’s suitability for the role and emphasizing continuity in the company’s strategic priorities.
Guilherme Lago, who served as Nubank’s CFO for five years, will remain involved as a special adviser following Livingston’s assumption of the finance position. Under Lago’s leadership, Nubank expanded from a regional fintech to a global digital banking platform, serving millions of customers across multiple countries.
Adyen’s CFO Ethan Tandowsky Steps Down
Ethan Tandowsky, the CFO of Adyen, is set to depart from the company on August 31 to pursue opportunities outside of fintech. Tandowsky, described as a core member of Adyen’s leadership team, played a pivotal role in steering the company’s financial operations during periods of high growth.
Adyen’s co-CEOs expressed regret over Tandowsky’s decision to leave but acknowledged his significant contributions to the company. Adyen is focused on ensuring a seamless transition in the CFO role while seeking a suitable successor.
— With assistance from Maura Webber Sadovi and Tatiana Walk-Morris.
Revolut and Its Expansion Plans
Revolut, a UK-based fintech firm, is also making strategic moves to expand its presence in the US market. The company recently applied for a US banking charter and federal deposit insurance, signaling its commitment to growth in the region. Vlad Yatsenko, who joined Revolut as its first employee and was given the title of co-founder by CEO Nik Storonsky, will transition to a non-executive director role within the company.
Donato Lucia, who has been instrumental in building core infrastructure for Revolut, will step into the role of vice president of technology. Lucia’s journey within the company, from a senior software engineer to head of technology, reflects Revolut’s commitment to nurturing talent and driving innovation.
