Nubank CTO to Depart; CEO Steps In Temporarily
Nu Holdings said Chief Technology Officer Eric Young is leaving for another job and will remain with the company through November 12, 2026. CEO David Vélez will temporarily lead Global Platforms alongside Chief Information Security Officer John Walton, who will serve as interim co-lead. Nu has started looking for a permanent CTO and said its technology and AI priorities are unchanged.
Nu Holdings, listed on the NYSE as NU, said Eric Young is stepping down as chief technology officer to take another professional role. He is scheduled to stay through Nov. 12, 2026, supporting a smooth handover.
Founder, chairman and CEO David Vélez will supervise Global Platforms in the interim. John Walton, the chief information security officer, will share interim leadership. Nu has begun searching for a permanent CTO and says its technology and artificial-intelligence priorities remain intact.
The leadership change may matter most to Nubank customers and employees who rely on stable digital banking services and security. A temporary arrangement involving the CEO and security chief could reassure users that technology and AI work continue, though a prolonged CTO search may affect how quickly new features or safeguards are rolled out. Investors and partners may also watch for continuity.