Nubank hires former BC Otávio Damaso as a consultant for regulatory affairs

by Andrea
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SAO PAULO (Reuters)-Nubank (BDR:) reported on Friday that it hired former Central Bank Director of Regulation Otávio Ribeiro Damaso as a consultant for regulatory and risk management of the institution, few days

According to the Nubank statement, Damaso will act as a permanent observer of the Nu Holdings audit and risk committee and Nu Brasil risk committee, as well as advise the group as a consultant “in any business or risk -related issue”.

Nubank announced in May that he had invited Campos Neto to take over the positions of Vice Chairman, a global chief of public policy and to become an independent member of the board of directors. Its entry was made official on July 1, after the six-month quarantine required for former BC directors to perform professional activities in the private initiative.

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Campos Neto reports directly to David Vélez, founder and executive president of Nubank.

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