Revolut started as a challenger to traditional banks. Now it's hiring Fr\u00e9d\u00e9ric Oud\u00e9a \u2014 the man who led one of France\u2019s largest banks, Societe Generale, for 15 years. Currently Chairman at Sanofi, Oud\u00e9a will now head Revolut\u2019s Western Europe operations from Paris.<\/p>\n\n\n\n
Because the rules are changing. Revolut is applying for a French banking license, investing \u20ac1 billion into growth, and positioning Paris as its EU stronghold.<\/p>\n\n\n\n
To pull this off, you need someone who gets both tech and the bureaucratic machinery behind European regulation.<\/p>\n\n\n\n
In business, one thing is often underestimated: at the top level, it\u2019s not always the best product that wins \u2014 it\u2019s who knows how to navigate government relations. Oud\u00e9a knows the French system inside out, with all its levers and brakes. Yes, he\u2019s linked with bureaucracy, but that\u2019s exactly what might become Revolut\u2019s key asset.<\/p>\n\n\n\n
To move into the big leagues, you have to play by the system. Revolut is showing how that transition is done.<\/p>\n\n\n\n
<\/p>","protected":false},"excerpt":{"rendered":"
To scale in Europe, Revolut turns to GR \u2014 hiring ex-Societe Generale CEO to lead from Paris.<\/p>","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-773","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"\n