Management Team

David Vélez Osorno is our Founder, the chairman of our board of directors and our chief executive officer. 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 is our Co-Founder and CEO in Brazil, and since August 2022 she has held the position of Chief Growth Officer. 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 Itaú Unibanco S.A. with consumer credit, 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’s Most Powerful Women International and in the Fortune 40 under 40, which recognizes young leaders who are transforming the business world. She holds a Bachelor’s and Master’s in Industrial Engineering from the Escola Politécnica of the University of São Paulo and a Master’s in Business Administration from the Kellogg School of Management at Northwestern University.

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 is our Chief Risk Officer, a position he has held since 2018. He is responsible for our financial and non-financial risks. He is in charge of all our risk related activities, including credit risk, market and liquidity risk, stress testing, model risk, operational and IT risk, conduct risk, 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 São Paulo and a Master of Business Administration in Finance from the École des Hautes Études Commerciales de Paris (HEC Paris).

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 several roles at Google from 2006 to 2011 including Head of strategy for the Google Display business and product leader for Google’s Brand advertising business. He holds a Bachelor’s in Mechanical Engineering from Yale University.

Marco Antônio Martins de Araújo 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 and Regulatory Compliance. 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 Itaú BBA S.A. from 1994 to 2003. From 2007 to 2011, he served for two terms on the National Financial System’s Council of Appeals. Marco Araújo has been a lawyer in Brazil since 1988 (graduated from the University of Brasília – 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 is our Chief Corporate Development Officer since August 2022. Previously, he spent 16 years at Amazon where he led strategic partnerships, investments 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.

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 Human Resources Director Latin America and D&I Champion at Kantar IBOPE Media (Ibope pesquisa de midia LTDA) from February 2017 until March 2021, HR Integration Lead & Talent Management Head – Europe and Americas for Consumer Business – at GSK Consumer Health (Glaxosmithkline Brasil LTDA) from November 2015 until Jan 2017, HR Head at OTC Latam and OTC Mercosul, HR Business Partner at Pharma, Finance and Marketing Support and Talent Management Head at Novartis Biociencias S.A from January 2007 until October 2015, Human Resources Manager at Associação Civil Greenpeace from May 2005 until May 2006, Regional Human Resources Coordinator at CoE Learning & Development, and Human Resources Analyst and Intern at Food Division at Unilever Brasil Industrial Ltda. from November 1999 until April 2015. Mrs. Kubric holds a Bachelor’s degree in Administration from Fundação Armando Álvares Penteado – FAAP and a Master’s in Business Administration from Florida International University.

Youssef Lahrech has been our President since August 2022, and Chief Operating Officer 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 École des Ponts ParisTech, both in France, as well as a Master’s in Engineering from the Massachusetts Institute of Technology.