Revolut appoints chief risk officer for US

San Francisco-based Revolut has hired Ibrahim Dusi from fintech lender Happy Money, as chief risk officer for the Americas.

The financial app entered the US market in March 2020.

In his new role, Dusi will oversee risk management for Revolut in North and South America, and will have responsibility for building and scaling its risk function as Revolut rolls out new products and expands in the US, Mexico and Brazil.

Prior to working at Happy Money, Dusi spent 10 years at Capital One, working in senior leadership roles across the instalment lending, credit card and retail banking division.

Nik Storonsky, founder and CEO of Revolut, said: “I’m very pleased to welcome Ibo Dusi as Revolut’s chief risk officer for Americas.

“Given Ibo’s strong track record of effectively managing risk for high-growth companies in the financial services industry, he will play an integral role in building on our regional capabilities to ensure Revolut’s continued growth across North and South America.”

Dusi added: “I look forward to working with the team as we sustainably scale Revolut’s business in the region and make innovative financial products and services accessible for more consumers around the world.”

Earlier this month, Revolut acquired Indian forex business Arvog Forex as part of its expansion in India.

Revolut was also granted an Australian Credit Licence by the Australian Securities and Investments Commission (ASIC) in February this year.