Solaris announced changes to its Management Board following a coordinated succession process. CEO Carsten Höltkemeyer will step down at the end of 2025 and remain in an advisory role during the handover. Chief Risk Officer Ansgar Finken is also leaving the board, with advisory support planned. The transition follows SBI’s acquisition of a majority stake in Solaris as part of a €140 million Series G funding round completed in February 2025. Solaris said this marks the end of transformation efforts.
Steffen Jentsch, previously chief information and process officer at flatexDEGIRO and a management board member at flatexDEGIRO Bank, will take over as CEO. Solaris said his background includes earlier board experience at Atruvia, an IT provider for Germany’s cooperative banking sector. Matthias Heinrich, also joining from flatexDEGIRO, will become chief risk officer. Solaris credited Höltkemeyer with strengthening regulatory resilience, securing sustainable funding, migrating the ADAC credit card portfolio onto the Solaris platform, and rebalancing partners and products. Finken had also overseen risk, finance, and technology within the bank. Solaris said it optimized its partner and product portfolio, now focusing on sustainable operations and measurable profitability further. Both executives are expected to continue Solaris’ move toward scalable, compliant embedded finance services.
Why it matters
The leadership change signals a shift from restructuring to execution, with governance and risk capabilities central to scaling regulated embedded finance across Europe.
Source Attribution
Source: Solaris Newsroom | Adapted & summarized
Published on: 30 December 2025
Category: Finance
Region: Europe
