** Shares of Nu Holdings NU.N fall 2% to $13.39 premarket
** The listed-entity, which runs Brazilian digital lender Nubank, said that Youssef Lahrech stepped down as president and chief operating officer
** Lahrech's functions will be absorbed by CEO David Velez, while Lahrech will counsel the audit and risk committee of Nu Holdings' board of directors and advise the company in strategic credit-related initiatives, co says in filing
** Filing last week showed Warren Buffett's Berkshire Hathaway had dissolved a stake in NU as of March 31
** NU reported a 37% increase in its quarterly adjusted net profit from a year earlier, slightly missing analysts' estimates on May 13
** NU stock up 23.3% so far this year versus S&P 500 banks' index .SPXBK
(Reporting by Medha Singh)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.