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Nubank appoints ex-Amazon to lead mergers and acquisitions

Nubank announced this Tuesday (22) the hiring of Alex Ceballos, a former Amazon executive, to occupy the newly created position of director of corporate development.

Ceballos, who worked at the US e-commerce giant for 16 years, will lead Nubank’s offensive in new businesses and markets, including through mergers and acquisitions, the digital bank said in a statement.

. The company is experiencing phenomenal success in Brazil and Latin America, breaking paradigms in the financial industry with a unique business model and a strong brand,” said Ceballos in the statement.

The announcement comes a week after the digital bank created in 2013 informed that Youssef Lahrech, the company’s chief operating officer for two years, would take over part of the duties of president and founder, David Vélez, who would focus on “long-term strategy”. , including product development, expansion into new markets and new acquisitions”.

Ceballos will report directly to Vélez.

Source: CNN Brasil

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