Revolut’s CFO steps down after just five months in the role

Challenger bank Revolut is reportedly about to lose its CFO David MacLean just five months after he joined the UK FinTech.

He is expected to keep working to so support the company until the summer, according to City A.M..

The neobank has appointed an interim CFO, but not a permanent replacement.

Revolut, which recently tied with Klarna as Europe’s most valuable private FinTech unicorn after a $500m raise, has begun a revamp of its leadership in a bid to give its image an overhaul, according to City A.M..

The former co-CEO of Standard Life Aberdeen, the investment company, Martin Gilbert was appointed as Revolut’s chairman in 2019.

The challenger bank has also hired former Goldman Sach, Deloitte and Silicon Valley Bank executives to its board.

The company, now valued at $5.5bn, has in the past been accused of treating its staff poorly.

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