Finance

Germany's N26 co-founder Tayenthal to step down as co-CEO

Published by Global Banking & Finance Review

Posted on December 30, 2025

1 min read

· Last updated: January 20, 2026

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Germany's N26 co-founder Tayenthal to step down as co-CEO
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BERLIN, Dec 30 (Reuters) - N26 co-founder Maximilian Tayenthal will step away from his operational duties as co-CEO of the German digital bank on Dec. 31, as the company prepares for a leadership

N26 Co-Founder Tayenthal to Leave Co-CEO Role

BERLIN, Dec 30 (Reuters) - N26 co-founder Maximilian Tayenthal will step away from his operational duties as co-CEO of the German digital bank on Dec. 31, as the company prepares for a leadership handover to UBS executive Mike Dargan in April 2026, N26 said on Tuesday.

Dargan, who will leave his role as UBS chief operations and technology officer at the end of December, is set to become sole CEO of N26, pending regulatory approval. Until his arrival, CFO Arnd Schwierholz and Marcus W. Mosen will serve as interim co-CEOs.

The transition follows a period of regulatory scrutiny for N26, including tighter oversight and new business limits in the Netherlands imposed by BaFin.

Tayenthal's departure marks the latest in a series of management changes at the Berlin-based bank.

N26 said its strengthened management and supervisory boards are working closely with regulators ahead of Dargan's arrival.

(Reporting by Kirsti KnolleEditing by Madeline Chambers)

Key Takeaways

  • Maximilian Tayenthal steps down as N26 co-CEO.
  • Mike Dargan from UBS to become sole CEO in 2026.
  • Interim co-CEOs appointed until Dargan's arrival.
  • N26 faces regulatory scrutiny and business limits.
  • Management changes continue at the Berlin-based bank.

Frequently Asked Questions

What is a co-CEO?
A co-CEO is a title given to two individuals who share the responsibilities and authority of the chief executive officer role in a company.
What is regulatory scrutiny?
Regulatory scrutiny refers to the close examination and oversight by regulatory bodies to ensure compliance with laws and regulations in business operations.
What is an interim CEO?
An interim CEO is a temporary chief executive officer appointed to lead a company during a transitional period until a permanent CEO is selected.
What is a leadership handover?
A leadership handover is the process of transferring authority and responsibilities from one leader to another within an organization.

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