RIO DE JANEIRO, BRAZIL – The replacement had not been officially announced by the company, but the change in command is included in the company’s annual report for 2020.
“On February 19th, 2021, in an Extraordinary General Meeting, the company acknowledged the resignation of its CEO, Mr. David Vélez Osorno, according to the letter presented, and Mrs. Cristina Helena Zingaretti Junqueira took over as CEO with immediate effect from this date,” according to the document.
Cristina Junqueira, Nubank cofounder, is the digital bank’s new CEO in Brazil.
Nubank said that it has reorganized its structure in Brazil and that it is a logical step to organize governance and support the group’s international expansion.
With undergraduate and master’s degrees in engineering from the Polytechnic School of the University of São Paulo (USP) and an MBA from Northwestern University (Kellogg School of Management), in theory, Cristina had no executive position in the institution. Still, in practice, she headed the areas of external affairs (marketing, communication, and government relations) and legal and facilities.
Despite the impact of the Covid-19 pandemic, the bank reached the 35 million client mark in Brazil in March, a growth of more than 50% in the user base over the last 12 months.
Live Company IntelligenceNu Holdings Ltd — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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◆ Live Company Intelligence
Nu Holdings
NYSE: NUNUBANKFinancial ServicesBanks – Regional
$64.88B
Market cap
Analyst target $18.64
Wall Street view
4.4Buy/ 5
18 Buy3 Hold1 Sell
Avg. price target $18.64 · +27% vs 200-day
Valuation & profitability
Market cap$64.88B
Revenue (TTM)$8.44B
P / E ratio18.4
Profit margin42.7%
Return on equity31.6%
Price & risk
52-wk low $11.2052-wk high $18.98
Beta (volatility)0.94
200-day average$14.72
Revenue trend · 6y
20202025
Latest $15.88B
Ownership
Institutions82.2%
Shares outstanding3.81B
Top holderBlackRock Inc
Institutional holders5+ funds
Dividend
No regular dividend — earnings reinvested for growth.
What Nu Holdings does. Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States. The company provides spending solutions comprising Nu credit and prepaid card, a digitally enabled card that acts as a credit and a prepaid card; Nubank+ Tier, an evolution of the Nu experience; Ultraviolet credit…
