Jan Stechele, Chief Regulatory Officer at N26, will step down from his position at the end of the third quarter of 2024. Stechele joined the N26 Management Board in early 2023 in an interim capacity and has since overseen the company's regulatory affairs. He will now leave N26 to explore new opportunities.

New Regulatory Chief Appointed

Stechele’s responsibilities will be transferred to Carina Kozole, the Chief Risk Officer, as planned. Kozole has been with N26 since November 2023, and she has worked closely with Stechele during this time.

Before joining N26, Stechele held various roles in the financial sector. From October 2019 to April 2022, he served as Chief Product Officer at creditshelf AG, a digital lending platform, which was later acquired by Teylor.

Meanwhile, N26 has appointed Mayur Kamat as its new Chief Product Officer, as reported by Finance Magnates. Kamat brings experience from companies like Agoda, Google, Microsoft, and Binance, where he led product and design teams.

As CPO, he will oversee N26's product and user experience teams across Berlin, Barcelona, and Vienna, focusing on delivering the bank's global product strategy, including spending, saving, and investment features.

Broad Banking Background

Stechele also was a board member at the Digital Lending Association from February 2021 to February 2022. Prior to that, Stechele spent over 13 years at Bayerische Landesbank, where he held several senior positions, including Senior Vice President of Group Strategy and Head of Marketing and Sustainability Management.

Stechele commented on this move: “I am very proud to have been part of N26’s journey over the last two years, working with its dynamic and international team.”

“Through a period of intense regulatory scrutiny, we have built a robust risk management function and one of the most advanced platforms to combat financial crime in the European banking industry today.”