Revolut Applies for U.S. National Bank Charter and Appoints Cetin Duransoy as U.S. CEO
Revolut has appointed Cetin Duransoy as its U.S. CEO as the company moves forward with a key step in its North American expansion, filing an application for a U.S. national bank charter. Duransoy succeeds Sid Jajodia, who will transition to the role of Global Chief Banking Officer. The leadership change comes as Revolut seeks to establish a stronger operating presence in the U.S. through a proposed entity, Revolut Bank US, N.A., pending regulatory approval…