Invest: Aufsichtsratschef Dombret spricht über den Umbau bei N26

Andreas Dombret, the supervisory board chairman of N26, discusses the upcoming transformation at the digital bank in a recent podcast episode. He describes 2023 as a "transition year," speaking on the transition from a founder-led to a professionally managed institution under new CEO Mike Dargan. Dombret, who has been the supervisory board chairman since November, notes that the founders, Valentin Stalf and Maximilian Tayenthal, stepped back from operational duties in recent years due to pressure from investors following regulatory findings by Bafin, Germany's financial supervisory authority.

In the podcast, Dombret talks about the cleanup efforts and customer growth at the bank, which has significantly declined in recent years following competition from rivals such as Revolut and Trade Republic. He also shares his thoughts on the upcoming takeover of Commerzbank by Unicredit.