FinTech giant Revolut has appointed B茅atrice Cossa-Dumurgier as the CEO for its new Western Europe headquarters in Paris.
The hub will serve as the hub for Revolut鈥檚 banking operations in the region, with Cossa-Dumurgier鈥檚 key focus to be securing the company鈥檚 banking licence from the French banking regulator, the Autorit茅 de Contr么le Prudentiel et de R茅solution (ACPR), and the European Central Bank (ECB).
Cossa-Dumurgier began her career at McKinsey and the French Ministry of Finance before joining BNP Paribas in 2004. Over the course of 15 years, she held several senior leadership roles there, spanning COO of the retail banking division and CEO of personal investors.聽
She then served as COO at BlaBlaCar and later at Believe, a global leader in digital music, while serving on the board of Soci茅t茅 G茅n茅rale, a position she has left to take on her new role at Revolut. She remains an independent board member of Peugeot Invest.
Revolut said Sid Jajodia, chief banking officer, will maintain oversight of all its banking entities from its global HQ in London.聽
Joe Heneghan will continue to lead Revolut鈥檚 Lithuanian-licensed European bank – one pillar of the company鈥檚 dual-hub structure within the EU – with Cossa-Dumurgier now leading the other. Francesca Carlesi heads up Revolut鈥檚 UK business.聽
鈥淲e are delighted to welcome B茅atrice Cossa-Dumurgier as our new CEO for Western Europe,鈥� said Nik Storonsky, founder of Revolut, which now has more than 60m customers worldwide.
鈥淗er deep experience in traditional banking, combined with her ability to drive high-growth trajectories, will be a key asset in achieving regulatory integration and accelerating Revolut鈥檚 local expansion.聽
鈥淗er appointment reflects our clear ambition: to make Revolut the leading digital bank in France and across Western Europe.鈥�
Cossa-Dumurgier added: 鈥淚鈥檓 delighted to be joining Revolut and would like to thank Nik Storonsky for his trust.聽
鈥淩evolut is leading the most ambitious banking project in Europe today, and I鈥檓 proud to have the opportunity to play a key role in it.聽
鈥淚 am fully committed to putting my expertise to work for our customers, with the ambition of building lasting trust 鈥� not only with them, but also with the entire French and European banking ecosystem.鈥�
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