Revolut's Russian-born CEO speaks out on Ukraine invasion

Revolut chief executive Nik Storonsky has publicly condemned Russia's invasion of Ukraine.

In a blog post published on Wednesday, the Russian-born CEO said he wanted to make clear what he had felt privately since the beginning of the invasion, that "war is never the answer", describing the attacks on Ukraine as "wrong and totally abhorrent".

The chief exec also called for an immediate end to the fighting.

Last Thursday, Vlad Yatsenko, the app's Ukrainian chief technology officer and co-founder, criticised Russia's president in a tweet.

“I hope, people of Russia will finally realise what a monster and a liar their president Putin is!” he wrote.

The public statement sparked questions from users on the social media platform about Storonsky's silence on the matter.

But the chief executive - who has a Ukrainian father - said that last week he was still convinced a diplomatic solution would be reached.

“At that time - while still hoping that it would never actually come to war - my focus, just like my colleagues’, was on the safety and wellbeing of our people in Ukraine,” wrote the chief exec in a blog post.

At the week the British FinTech released a statement said that it was offering relocation support to all of its Ukraine-based employees if they wished to move.

“In choosing what to do or say publicly, however, I also had to first consider the wellbeing of our colleagues in Russia," added the chief exec. “They have done nothing wrong; they have simply helped build Revolut, supporting their own families through their hard work, just like their colleagues in Ukraine (or London or New York or Sydney or Mumbai, or anywhere else in the world where our people are based).

"I was, and remain, mindful of them in all of my actions.”

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