FILE PHOTO: Andre Coisne, chief executive of Orange Bank, speaks during an interview with Reuters at the Bank headquarters in Montreuil near Paris, France, October 27, 2017. REUTERS/Charles Platiau
September 19, 2018
PARIS (Reuters) – The chief executive of Orange’s <ORAN.PA> online bank, launched less than a year ago, will resign in the next few weeks, three sources close to the matter told Reuters.
Andre Coisne had been hired by France’s number one telecoms operator to run and develop Orange Bank, formed after the acquisition of a 65 percent stake in Groupama Banque in 2016.
The nomination last May of a new group head for mobile financial services, Paul de Leusse, precipitated Coisne’s departure, as a new management structure is being prepared at the banking unit, two sources said.
(Reporting by Mathieu Rosemain and Gwenaelle Barzic; Editing by Leigh Thomas)
