Nubank (NYSE: NU), one of the world’s digital banking platforms operating in Brazil and across major LatAm markets, has announced the appointment of finance executive Rob Livingston as its new Chief Financial Officer. The move takes effect on July 13, 2026, marking a significant leadership transition for the Latin American fintech giant. Guilherme Lago, who has served as CFO for the past five years and spent seven years with the Fintech challenger overall, will step down from the executive role.
He will transition into a Special Advisor position, providing support during the handover period until August 31.
Following that, Lago will continue offering guidance to Nu Holdings’ management team and its Audit and Risk Committee, focusing on corporate development and broader strategic initiatives.
Livingston will oversee Nubank’s worldwide finance operations. His portfolio includes steering capital and liquidity strategies, overseeing financial reporting, driving corporate development efforts, managing tax affairs, and handling investor relations.
This appointment comes as the company continues its rapid evolution in a competitive digital finance landscape.
With over three decades of experience in financial services spanning North America, Europe, and Asia, Livingston brings substantial expertise to the role.
He most recently served as CFO for Visa’s North American division, the payments company’s largest market.
During his more than 12 years at Visa, he held several high-level positions, including leading corporate finance and investor relations for the parent company, acting as CFO for Visa Europe (and serving on its board), and taking on business leadership responsibilities in China and Canada.
Before joining Visa, Livingston spent 18 years at Capital One, where he gained deep knowledge in credit, marketing, and finance.
His roles there included President of Capital One Canada, Divisional CFO, and Senior Credit Officer. He earned a Bachelor’s degree in Economics from Yale University.
During Lago’s tenure as CFO, Nubank transformed from a Brazil-focused startup into a major international player.
The company expanded its offerings across Brazil, Mexico, and Colombia, significantly bolstering its balance sheet, profitability metrics, and overall capital strength while growing its customer base.
David Velez, Nubank’s founder and CEO, acknowledged Lago’s contributions, noting their close collaboration on the succession plan.
“Our core priorities remain the same: expanding in key markets, integrating artificial intelligence into our operations, and pursuing measured growth internationally,” Velez stated. He also expressed confidence that Livingston is equipped to guide the finance team through the next phase.
Lago reflected on his journey, recalling that he joined when Nubank had about 20 million customers in Brazil alone. Today, the platform serves over 135 million customers across three countries.
Livingston added:
“The progress this team has achieved in 13 years is remarkable, yet the potential ahead is even greater.”
To better align with its growing scale and complexity, Nubank will introduce a dedicated CFO role specifically for Brazil.
This completes a localized finance leadership model already in place in Mexico and Colombia. The structure aims to enhance market-specific accountability while allowing the global CFO to concentrate on overarching strategic goals.
The Brazil appointment will be revealed soon.
Nubank stands as one of the largest digital banking platforms outside of Asian markets, serving more than 135 million customers in Brazil, Mexico, and Colombia. It has focused on enabling industry change through data-driven technology, offering various products with an emphasis on greater simplicity, responsible lending, and affordability.
