N26 CFO Jan Kemper steps down

N26 is experiencing a bit of a shake-up in its leadership team this month as its chief financial officer (CFO) and interim chief operating officer (COO) is set to leave at the end of the month.

Jan Kemper, who joined the German mobile bank a year and a half ago, is leaving to focus on other ventures, while co-founder and co-CEO Maximilian Tayenthal will take on the role of COO effective immediately. 

Kemper took over the role of CFO from Tayenthal, who was promoted to co-CEO at the time, when he joined from Zalando.

With extensive experience in scaling companies from startup to IPO, the indication was that Kemper was brought on board to help N26 through its public offering, though this is yet to happen.

“Jan has been instrumental in helping to further strengthen the structures and governance of N26, thus putting in place a solid foundation for the company’s continued success,” N26 chairman of the supervisory board Marcus Mosen said.

According to N26, Kemper will leave at the end of January but continue to work with the team to ensure a “smooth transition” while the search for a new CFO continues.

Kemper said that after reflecting on his personal and professional future, he chose to “recalibrate” his priorities, focusing on his board roles, his own businesses and his professorship at RWTH Aachen.

 “N26 is a great company with a strong business model and huge potential for continued growth, especially in the current macro environment. The teams I have had the pleasure of working with are no doubt among the best in the industry,” Kemper wrote on LinkedIn.