Revolut quietly hired a Citi equities director in its COO office
Its a time of change at Revolut. The days of joining Revolut for obscene pay are over; nowadays, it's all about the culture. The IPO could make things a lot more transparent than in the past, but the fintech is still capable of working in secrecy.
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Former Citi director Colin O'Keeffe announced today that he has been working in Revolut's COO office since...March. The team was previously headed by COO Michal Laube, an Amazon and McKinsey alum, who joined in January 2022 and left in February.
O'Keeffe, who seemingly left Citi around the time of its many job cuts but who may not have been a victim, called his tenure thus-far at a Revolut "refreshing change", lauding the fintech's "high performance culture that is unique in my 18 years of Banking." Revolut calls its employees GSDs for their ability to 'get s*** done'
Since his arrival, the firm has already gotten some impressive s*** done. It finally received its long-awaited UK banking license and is set for a blockbuster IPO in the near future.
O'Keeffe spent the last 13 years at Citi and was most recently COO of its European equities team. Prior to that, he also spent five years at Deutsche Bank, which he joined as a graduate.
Revolut is looking to grow and is building a lot of teams you'd expect to see at major investment banks. For example, it has an open listing for a quant with machine learning experience to join its market making team. O'Keeffe says, "This company is only getting started."
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