Management Team

David Vélez Osorno
David Vélez Osorno Founder and Chief Executive Officer (CEO)

David Vélez Osorno is our founding shareholder, the Chairman of our Board of Directors and our Chief Executive Officer. He has also been a member of our Stakeholders’ Committee since July 2021. Before founding Nu in 2013, David was a partner at Sequoia Capital between January 2011 and March 2013, in charge of the firm’s Latin American investments group. Before Sequoia, David worked in investment banking and growth equity at Goldman Sachs, Morgan Stanley and General Atlantic. He holds a Bachelor’s of Science in Management Science and Engineering and a Master’s in Business Administration, both from Stanford University.

Cristina Helena Zingaretti Junqueira
Cristina Helena Zingaretti Junqueira Co-Founder & Chief Growth Officer (CGO)
Cristina Helena Zingaretti Junqueira is our Co-Founder and CEO in Brazil, and since August 2022 she has held the position of Chief Growth Officer. She has also been the Chairperson of our Stakeholders Committee since July 2021. As one of our co-founders, she has held various roles and currently has a global leadership role in marketing and communications and is responsible for operations and growth strategies in Brazil, Mexico and Colombia. Cristina started her career in strategic consulting, working at BCG (Boston Consulting Group) and before founding Nu in 2013, she worked for several years at Ita√ļ Unibanco S.A. with consumer credit and card products and marketing. She was the first woman to be visibly pregnant on the cover of a Brazilian business magazine. She was also the only Brazilian to appear in the 2020 edition of Fortune‚Äôs Most Powerful Women International and in the Fortune 40 under 40, which recognizes young leaders who are transforming the business world. He holds a Bachelor’s and Master’s in Industrial Engineering from the Escola Polit√©cnica of the University of S√£o Paulo and a Master’s in Business Administration from the Kellogg School of Management at Northwestern University.
Guilherme Marques do Lago
Guilherme Marques do Lago Chief Financial Officer (CFO)

Guilherme Marques do Lago is our Chief Financial Officer, a position he has held since February 2021, and served as our vice president of finance from March 2019 to February 2021. From April 2006 to March 2019, he served in various positions at the Credit Suisse Group AG, including as managing director in its investment banking group. He also previously worked at McKinsey & Company from 2005 to 2006. He holds a Bachelor’s of Science in Industrial Engineering from Escola Politécnica da Universidade de São Paulo and a Master’s in Business Administration from the Harvard Business School.

Henrique Camossa Saldanha Fragelli
Henrique Camossa Saldanha Fragelli Chief Risk Officer (CRO)

Henrique Camossa Saldanha Fragelli is our Chief Risk Officer, a position he has held since 2018. He is responsible for our risk analysis and compliance. He is in charge of all our risk and compliance related activities, including credit risk, market and liquidity risk, stress testing, model risk, operational and IT risk, regulatory compliance, ethics, and anti-money laundering teams. Before joining us in 2018, he was the global head of traded portfolio analytics at HSBC Bank PLC, based in London, from August 2015 to June 2018 and the head of traded risk analytics for Latin America at HSBC Brasil S.A. from July 2013 to August 2015. He also worked at WestLB as a risk director, based in London, from April 2012 to July 2013 and for LCH.Clearnet from October 2007 to April 2012. He holds a Bachelor of Arts in Economics from Universidade de S√£o Paulo and a Master of Business Administration in Finance from the √Čcole des Hautes √Čtudes Commerciales de Paris (HEC Paris).

Jagpreet Singh Duggal
Jagpreet Singh Duggal Chief Product Officer (CPO)

Jagpreet Singh Duggal is our Chief Product Officer, a position he has held since 2020. Prior to joining us, he worked at several companies, including as a director of product management at Facebook from May 2018 to January 2020, senior vice president at Quantcast Corporation from June 2011 to March 2018 and head of strategy at Google Inc. from 2006 to 2011. He holds a Bachelor’s in Mechanical Engineering from Yale University.

Marco Ant√īnio Martins de Ara√ļjo Filho
Marco Ant√īnio Martins de Ara√ļjo Filho Chief Legal Officer (CLO)

Marco Ant√īnio Martins de Ara√ļjo Filho has been Chief Legal Officer and responsible for Public Policy since August 2022, and has been Global General Counsel for two years, being also responsible for Data Privacy. He has more than 25 years of experience in the financial market. Previously, he was Global General Counsel at HSBC in London, UK and Latin America (2014 to 2020). He also worked at Santander Brasil as Vice President, responsible for legal, compliance, prevention of money laundering, product development committee and Public Policy (from 2003 to 2014, having worked part of this period for ABN AMRO, acquired by Santander) . He was a lawyer at Banco Ita√ļ BBA S.A. from 1994 to 2003. From 2007 to 2011, he served for two terms on the National Financial System‚Äôs Council of Appeals. Marco Ara√ļjo has been a lawyer in Brazil since 1988 (graduated from the University of Bras√≠lia – Brazil) and a lawyer certified by the state of New York since 1993. He also has an LLM (Master of Law) in International Business and Trade Law from Fordham University- NY, USA.

Alex Ceballos
Alex Ceballos Chief Corporate Development Officer (CCDO)

Alex Ceballos is our Chief Corporate Development Officer since August 2022. Previously, he spent 16 years at Amazon where he led strategic investments, partnerships and partnerships and M&A in the USA, Europe, Latin America, the Middle East, and India, and served on boards of companies invested by the company. Prior to working on Amazon’s growth worldwide, Ceballos led the Amazon Global Credit team, with responsibility for Amazon branded payment products globally. He started his career in Operations Management at Kraft Foods and later became an investment banker at JP Morgan. Ceballos graduated with the highest distinction from the US Military Academy at West Point with a degree in electrical and computer engineering and holds an MBA from Harvard Business School.

Vitor Guarino Olivier
Vitor Guarino Olivier Chief Technology Officer (CTO)
Vitor Guarino Olivier is our Chief Technology Officer since December 2022. Before, he was our Chief People Officer since February 2022. From December 2019 to January 2022, he served as our vice president of operations and platforms. From March 2019 to March 2020, he served as our vice president of consumers. From August 2016 to March 2019, he served as the general manager of our digital account products. From April 2014 to August 2016, he led our core financial services engineering team. Prior to joining us, he held positions in wealth management, credit, and foreign exchange at Banco BTG Pactual S.A. from August 2011 to March 2014. He holds a degree in Computer Science and Economics from Duke University.
Suzana Kubric
Suzana Kubric Vice President of People and Culture

Suzana Kubric is our Vice President of People and Culture since December 2022. From March 2021 until November 2022 she held the position of Vice President of HR Business Partners. Before joining Nu, she served several leadership positions in Human Resources in companies of different segments such as Kantar, GSK, Novartis, Greenpeace and Unilever acting as a change agent. She holds a Bachelor‚Äôs degree in Administration from Funda√ß√£o Armando √Ālvares Penteado – FAAP and a Master‚Äôs in Business Administration from Florida International University.

Youssef Lahrech
Youssef Lahrech Chief Operating Officer (COO) & President

Youssef Lahrech has been our President since August 2022, and Chief Operating Officer, a position he has held since 2020. He reports directly to the CEO, and is responsible for running the company day to day, including the performance of products, platforms, marketing and country operations, as well as corporate functions. Before joining us in 2020, he spent 19 years at Capital One helping build and grow businesses in Canada and the United States, serving in a number of roles involving product, analytics, risk, and technology. He holds a degree in Mathematics from the Ecole Polytechnique and a degree in Engineering from the √Čcole des Ponts ParisTech, both in France, as well as a Master‚Äôs in Engineering from the Massachusetts Institute of Technology.