Mikko Salovaara is the Chief Financial Officer (CFO) at Revolut, a leading global fintech company. He joined Revolut in January 2021 and quickly rose to the position of Group CFO by April 2021. With a robust background in finance, including roles at 3G Capital and Kraft Heinz, Salovaara plays a pivotal role in driving Revolut's financial strategy and growth.
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Who is the CFO of Revolut?
Originally from New Jersey, Mikko Salovaara has built a diverse and impressive career in finance before becoming the CFO at Revolut. He began his professional journey at 3G Capital, where he focused on investments in both private and public equity. His career then took him to Kraft Heinz, where he held various CFO roles across China, APAC, and the US. After a brief stint at Elliott Management in London, Salovaara joined Revolut in January 2021 as VP Finance and quickly ascended to Group CFO by April 2021. His educational background includes a BA in Economics and a BA/MA in East Asian Studies from Yale University. At Revolut, he has been instrumental in driving financial strategy, optimizing capital structure, and significantly improving gross margins.
Work History
Here is a detailed list of Mikko Salovaara's work history:
- Bolt - Chief Financial Officer (2023 to 2024)
- Revolut - Group CFO (2021 to 2023)
- Revolut - VP of Finance (2021)
- Elliott Investment Management L.P. - Investment Analyst (2020 to 2021)
- 3G Capital - Investor (2019 to 2020)
- Kraft Heinz - CFO US (2018 to 2019)
- Kraft Heinz - CFO APAC (2017 to 2018)
- Kraft Heinz - CFO China BU (2016 to 2017)
- 3G Capital - Investor (2015 to 2016)
- Blackstone - Summer Intern (2014)
Education History
Mikko Salovaara's educational background is both extensive and impressive. He attended Yale University, where he earned a BA in Economics and a combined BA/MA in East Asian Studies. This dual focus provided him with a strong foundation in both quantitative analysis and regional expertise, equipping him with the skills necessary to navigate the complex financial landscapes he would encounter in his career. His time at Yale not only honed his academic abilities but also prepared him for the diverse roles he would later assume in the finance industry.
When did Mikko Salovaara join Revolut?
Joining Revolut in January 2021 as VP of Finance, Mikko Salovaara quickly ascended to the role of Group CFO by April 2021. His tenure at Revolut spanned from January 2021 to July 2023, during which he played a crucial role in shaping the company's financial strategies and optimizing its capital structure. Salovaara's rapid rise within the company underscores his significant contributions and the trust placed in him by Revolut's leadership. His time at Revolut, totaling approximately two and a half years, was marked by substantial improvements in the company's financial performance and strategic growth initiatives.