FinTech giant Revolut has appointed Béatrice Cossa-Dumurgier as the CEO for its new Western Europe headquarters in Paris.
The hub will serve as the hub for Revolut’s banking operations in the region, with Cossa-Dumurgier’s key focus to be securing the company’s banking licence from the French banking regulator, the Autorité de Contrôle Prudentiel et de Résolution (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.
She then served as COO at BlaBlaCar and later at Believe, a global leader in digital music, while serving on the board of Société Générale, 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.
Joe Heneghan will continue to lead Revolut’s Lithuanian-licensed European bank – one pillar of the company’s dual-hub structure within the EU – with Cossa-Dumurgier now leading the other. Francesca Carlesi heads up Revolut’s UK business.
“We are delighted to welcome Béatrice Cossa-Dumurgier as our new CEO for Western Europe,” said Nik Storonsky, founder of Revolut, which now has more than 60m customers worldwide.
“Her 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’s local expansion.
“Her appointment reflects our clear ambition: to make Revolut the leading digital bank in France and across Western Europe.”
Cossa-Dumurgier added: “I’m delighted to be joining Revolut and would like to thank Nik Storonsky for his trust.
“Revolut is leading the most ambitious banking project in Europe today, and I’m proud to have the opportunity to play a key role in it.
“I am fully committed to putting my expertise to work for our customers, with the ambition of building lasting trust — not only with them, but also with the entire French and European banking ecosystem.”
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