N26 is planning changes to its leadership team.
Effective 1 December 2025, Jochen Klöpper will be “appointed Managing Director and assume responsibility for risk management and compliance functions at N26.”
He replaces Carina Kozole who will leave the company “effective 31 July 2025 to take on a new professional challenge.”
Klöpper has been serving for “several years as Chief Risk Officer of Santander Consumer Bank AG.”
Prior to taking on this role in 2015, he “worked for BAWAG PSK AG in Vienna, most recently also as CRO and member of the Management Board.”
Before that, he gained around 20 years of experience “within the Deutsche Bank Group, including as Chief Credit Officer of Deutsche Bank in Italy.”
Marcus W. Mosen, Chairman of the Supervisory Board of N26:, thanked Kozole for her work over the past years while calling Klöpper an outstanding leader for the role.
Valentin Stalf, founder and CEO of N26, said that Klöpper provides a moder perspective on risk management, bringing decades of experience from top banks. His hire will help with their expansion of lending.
Until her departure, Kozole will continue “to work closely with a group of experienced experts from the N26 team.”
As noted in the update, N26 is Europe’s digital bank with “a full German banking license.”
It offers simple, secure and “customer-friendly mobile banking to millions of customers in 24 markets across Europe.”
N26 processes over “140bn EUR in transactions a year and currently has a 1,500-strong team of more than 90 nationalities.”
The company is headquartered in Berlin, with “offices in multiple cities across Europe, including Vienna, Paris, Milan and Barcelona.”
Founded by Stalf and Maximilian Tayenthal in 2013, N26 has raised close to US$1.8 billion.
