BRIEF-Nu Holdings says CEO Vélez to resume direct command over the management team

Reuters
22 Mar
BRIEF-Nu Holdings says CEO Vélez to resume direct command over the management team

March 21 (Reuters) - Nu Holdings Ltd NU.N:

  • CEO VÉLEZ TO RESUME DIRECT COMMAND OVER THE MANAGEMENT TEAM TO HELP STREAMLINE MARKET, GLOBAL OPERATIONS - FILING

  • JAGPREET DUGGAL IS STEPPING DOWN FROM THE CHIEF PRODUCT OFFICER POSITION IN EARLY APRIL

  • DUGGAL WILL BECOME AN EXTERNAL ADVISOR TO THE MANAGEMENT TEAM

  • DUGGAL'S POSITION WILL NOT BE BACKFILLED

Further company coverage: NU.N

(Reporting by Sao Paulo newsroom)

((Andre.Romani@thomsonreuters.com;))

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