Jan Stechele Announces His Departure From N26
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N26 has announced some management changes that will take effect at the end of Q3 2024. According to the company, its Chief Regulatory Officer, Jan Stechele, will be stepping down from his role in the firm before the end of the year.
Stechele started with N2 as a member of the management team early last year. He began with an interim position but has overseen the firm’s regulatory affairs. Stechele said he is leaving the company to explore new opportunities and the environment.
Carina Kozole Replaces Stechele On An Interim Basis
The Chief Risk Officer, Carina Kozole, who has been working closely with Stechele, will now take up his role in the company. Stechele has been in the financial sector before his stint with N26. He worked as the Chief Product Officer at digital lending firm Creditshelf AG from October 2019 to April 2022. Creditshelf has now rebranded to Teylor.
Stechele has also been a board member of the Digital Lending Association. He worked there for one year from 2021 to 2022. Before his stint there, he held several top management positions at Bayerische Landesbank. Some of the positions include as Head of Marketing and Sustainability Management and as Senior Vice President of Group Strategy. Stechele worked there for 13 years before moving to N26.
Mayur Kamat is N26’s New Chief Product Officer
On a similar note, Mayur Kamat has been named the new Chief Product Officer at N26. Kamat has stints with several top companies in the tech and finance industry, including Binance, Microsoft, Google, and Agoda. He was in charge of product and design at most of these companies during his stay there.
As Chief Product Officer, Kamat will be in charge of product and user-experience teams across Vienna, Barcelona, and Berlin.
He will focus on delivering the company’s global product strategy, including investment, saving, and spending features.
While commenting on his exit from N26, Stechele said he is proud to have been part of the N26 innovative team for the past 2 years, as they completed several projects to push the bank forward. He added that it has been a great experience working with its international and dynamic team and expanding the firm’s operations within the period he has been there.
Stechele said although the period has been characterized by regulatory scrutiny, the firm has succeeded in building a comprehensive risk management system. They have also developed an advanced risk management platform where the firm has been able to fight financial crime in the banking industry in Europe.
