Revolut cofounder Yatsenko moves to board as CTO exits

One of Revolut's founding executives is stepping down from his operational role in a leadership change for the financial technology company. Vlad Yatsenko, who served as chief technology officer and is a cofounder, will transition to a nonexecutive director position on the board effective July 1. This marks the most significant change to the company’s executive structure since its founding in 2014. Yatsenko will be succeeded by Donato Lucia, who has been promoted from head of technology to the role of vice president of technology.

The company announced the transition, stating Yatsenko will provide strategic oversight and technical counsel as the company enters its next phase of growth. Yatsenko expressed confidence in the decision, noting Revolut has matured from a startup into a global company. Lucia, who joined Revolut in 2018 as a senior software engineer, has been a key member of the engineering team for eight years. Company officials said Lucia has a deep understanding of the core infrastructure and has been instrumental in scaling the global systems that support millions of customers.

Yatsenko’s shift comes at a pivotal moment for Revolut, which is reportedly targeting a...