N26 chief risk officer steps down

N26’s chief risk officer (CRO) Thomas Grosse has resigned.

According to the digital bank, Grosse is leaving the company for personal reasons.

He joined the Berlin-based fintech in 2019 as banking officer, overseeing N26’s bank entities and bank partnerships worldwide and took on the additional role of CRO for N26 Group in 2021.

“Due to personal circumstances, N26 Chief Risk Officer Thomas Grosse is stepping down from his duties as CRO and Managing Director of N26 AG and N26 Bank AG,” an N26 spokesperson told AltFi.

“We ask that his privacy is respected and wish him well.”

Before joining N26, Grosse was industry leader in banking and fintech at GoogleGermany, and has previously been a director at Deutsche Bank and a consultant at McKinsey.

Grosse is the third executive to leave the bank in the last 12 months, following the departure of chief operating officer Adrienne Gormley last April and chief financial officer Jan Kemper earlier this year.