Nu Holdings ( (NU) ) has provided an update.
On March 21, 2025, Nu Holdings Ltd. announced a restructuring of its management team to enhance customer focus, efficiency, and cross-country collaboration. David Vélez, the founder and CEO, will lead the management team, with Youssef Lahrech as President and COO overseeing global enterprise and product operations. The restructuring aims to streamline operations and drive innovation, with specific focus areas for Brazil and global markets. The Chief Product Officer position will not be backfilled following Jag Duggal’s transition to an advisory role, and the Chief Legal Officer position remains vacant since February.
More about Nu Holdings
Nu Holdings Ltd. is one of the world’s largest digital banking platforms, focusing on providing innovative financial services and products. The company operates globally, with a significant market presence in Brazil, offering services such as investments, marketplace solutions, and insurance tailored to local customers.
YTD Price Performance: 12.42%
Average Trading Volume: 47,386,139
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $54.98B
See more data about NU stock on TipRanks’ Stock Analysis page.
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