Published by Global Banking & Finance Review®
Posted on December 30, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on GoogleN26 co-founder Tayenthal steps down as co-CEO. UBS's Mike Dargan to take over in 2026, amid regulatory scrutiny and management changes.
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)
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.
Regulatory scrutiny refers to the close examination and oversight by regulatory bodies to ensure compliance with laws and regulations in business operations.
An interim CEO is a temporary chief executive officer appointed to lead a company during a transitional period until a permanent CEO is selected.
A leadership handover is the process of transferring authority and responsibilities from one leader to another within an organization.
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