Revolut has appointed Béatrice Cossa-Dumurgier as the CEO of its newly established Western Europe headquarters in Paris, signaling the fintech’s intent to strengthen its presence in the region and pursue a full banking license in France.

The new office will serve as a regional base for Revolut’s banking operations across Western Europe, complementing its existing European hub in Lithuania.

Senior Hire to Anchor EU Expansion

The company said Cossa-Dumurgier will lead efforts to expand operations and navigate the licensing process with the French banking regulator, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), and the European Central Bank.

Cossa-Dumurgier joins from a background that includes senior roles at BNP Paribas, McKinsey, and the French Ministry of Finance. She also previously served as COO at BlaBlaCar and digital music firm Believe, and was most recently a board member at Société Générale. She remains on the board of Peugeot Invest.

“Cossa-Dumurgier’s deep experience in traditional banking, combined with her ability to drive high-growth trajectories, will be a key asset in achieving regulatory integration and accelerating Revolut’s local expansion, Nik Storonsky, Founder of Revolut, said.”

Revolut CEO Nik Storonsky said her appointment reflects the firm’s ambition to become a leading digital bank in France and Western Europe.

The Paris base forms part of Revolut’s dual-hub model within the EU. Joe Heneghan continues to lead the Lithuanian-licensed entity, while Cossa-Dumurgier now oversees Western Europe. Both report into the global banking structure managed by Jajodia from Revolut’s London headquarters.

Source: Finance Magnates