Revolut’s US boss leaves after less than two years
Oliveira reportedly told staff earlier this week that he would be leaving Revolut in the next few months.
Oliveira is said to have told staff of his departure earlier this week. He will leave his position at Revolut in the next few months, although it’s unclear where Oliveira is heading next.
In a four-decade-long career, Oliviera has worked for several banks, including the Union Bank of California, where he worked for over 21 years, and most recently he spent over six years at Avidbank, a commercial lending bank based in California.
Exactly a year after its US launch, Revolut submitted a draft application for its US banking licence, working with the FDIC and the California Department of Financial Protection and Innovation to help secure it.
Revolut has seen a spate of employees leaving to head to other fintechs over the past year or so.
Even more recently, digital banking service Monese appointed Revolut’s former finance chief Steve Tryner to CFO and trading and investment platform Freetrade pinched Revolut’s former deputy CFO and head of financial control Paul Brooking.
Earlier this month, the digital banking service’s stark gender pay gap was brought to light, with Revolut paying its female employees almost a third less than their male counterparts—equating to a whopping 31.2 per cent wage gap.
AltFi approached Revolut for comment but it is yet to provide one.