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HomefinanceRevolut's chief financial officer leaves digital bank after two years

Revolut’s chief financial officer leaves digital bank after two years

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The Revolut logo displayed on a smartphone.

Igor Golovniov | SOPA Images | LightRocket via Getty Images

LONDON — Revolut’s Chief Financial Officer Mikko Salovaara is leaving the digital bank after two years, citing personal reasons.

“I am grateful for the opportunity to serve as Group CFO at Revolut and remain confident in the firm’s future success,” Salovaara said in a statement sent to CNBC via WhatsApp.

Revolut’s CEO Nik Storonsky said: “I thank Mikko for his contribution and wish him well on his next steps.”

A company spokesperson told CNBC Salovaara resigned and has not been fired. He said it would be inappropriate to divulge the personal reasons that have led to his departure.

The spokesperson said Salovaara’s decision was unrelated to concerns flagged by auditor BDO about the company’s financial accounts.

In March, BDO said that it was unable to independently verify three quarters of the £636 million of revenue reported by the company in its delayed 2021 accounts.

This is a breaking news story, please check back later for more



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