Digital banking giant Revolut has appointed Frederic Oudea, former chief executive at Societe Generale, as chairman for its Western European operations.
The move complements Revolut’s expansion into Western Europe, as the company has pledged €1.17 billion to build a base in France, and is looking to obtain a French banking license. Alongside its headquarters in Lithuania, Revolut is setting up its Western Europe headquarters in Paris.
Oudea spent 15 years at Societe Generale, stepping down in 2023. Oudea stated: “I’m a firm believer that Revolut is at the forefront of European retail banking, and it’s for that reason I’m excited to join the team at a critical point in the journey towards becoming a fully-fledged banking institution.”
On Thursday, Revolut announced a multi-million dollar deal with Google Cloud.