Revolut appoints Mikko Salovaara as Group CFO

Corporate · 12 May 2021

London, 12 May 2021

Revolut, the global fintech with more than 15 million customers worldwide, today announced the appointment of Mikko Salovaara as its Group Chief Financial Officer, as the company continues to build out its capabilities on a global scale, grow its product offering in new and existing geographies, and deliver responsible growth.

Mr Salovaara joined Revolut in January 2021 as VP Finance and became Group CFO in April 2021. As Group CFO, he leads Revolut’s global finance function, working closely alongside the company’s CEO and Founder, Nik Storonsky, to define and drive the company’s financial strategy and planning, to strengthen financial processes, systems and controls and to optimize the company’s capital structure and allocation, all with an aim of delivering sustainable growth.

Prior to joining Revolut, he spent five years with 3G Capital, three of which were with its portfolio company, Kraft Heinz, where he was CFO of Kraft Heinz China, Kraft Heinz APAC and Kraft Heinz US. At 3G Capital, he focused on public and private investments, mainly in the global consumer goods industry. Before joining Revolut, he worked for Elliott Advisors (UK) Ltd, with a particular emphasis on public and private market strategies. He holds a BA in Economics and a BA / MA in East Asian Studies from Yale University.

Nik Storonsky, CEO and Founder at Revolut, said: “I'm very pleased to welcome Mikko Salovaara as our Chief Financial Officer. Mikko has a strong track record in building resilient financial teams and processes in global consumer facing industries and is focused on building out our global capabilities as we address the next phase of our growth."

Mikko Salovaara, Group CFO at Revolut, said: "I'm delighted to have joined Revolut and humbled by the opportunity to help achieve our ambition of becoming a global bank."

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