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

The Revolut emblem displayed on a smartphone.

Igor Golovniov | SOPA Photos | LightRocket by way of Getty Photos

LONDON — Revolut’s Chief Monetary Officer Mikko Salovaara is leaving the digital financial institution after two years, citing private causes.

“I’m grateful for the chance to function Group CFO at Revolut and stay assured within the agency’s future success,” Salovaara mentioned in a press release despatched to CNBC by way of WhatsApp.

Revolut’s CEO Nik Storonsky mentioned: “I thank Mikko for his contribution and need him properly on his subsequent steps.”

An organization spokesperson instructed CNBC Salovaara resigned and has not been fired. He mentioned it will be inappropriate to reveal the private causes which have led to his departure.

The spokesperson mentioned Salovaara’s choice was unrelated to issues flagged by auditor BDO concerning the firm’s monetary accounts.

In March, BDO mentioned that it was unable to independently confirm three quarters of the £636 million of income reported by the corporate in its delayed 2021 accounts.

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