Home / Business and Economy / UBS Tech Chief Jumps to N26 Neobank
UBS Tech Chief Jumps to N26 Neobank
3 Jan
Summary
- Mike Dargan moved from UBS to N26 as CEO.
- UBS COO Beatriz Martin now oversees Group Technology.
- N26 CEO transition is pending regulatory approval.
Mike Dargan has departed UBS Group, where he served as chief operations and technology officer, to become the new CEO of N26, a German challenger bank. This leadership transition is set to occur in April, contingent upon approval from the German financial regulator BaFin. Dargan's extensive experience in banking, technology, and digital transformation is expected to accelerate N26's strategic growth.
At UBS, Dargan was instrumental in advancing the firm's strategic shift towards AI and digitization. Following his departure, Beatriz Martin assumed the role of chief operating officer on January 1, 2026, with the Group Technology division now reporting to her. Chris Gelvin will serve as the interim head of Group Technology.
The move comes as UBS stock received an upgrade from a Bank of America analyst, who projected significant earnings per share growth. N26, described as a leader in digital banking, anticipates Dargan will guide it into its next developmental phase.
