Monzo chief government TS Anil will step down early subsequent 12 months, with the financial institution set to interchange him with Diana Layfield, a former senior Google worker.
Anil has led the London-based fintech for nearly six years, first becoming a member of as the pinnacle of Monzo US earlier than being named group CEO in 2020.
Throughout his time on the helm, Monzo has hit a lot of main milestones together with a fast surge in customers – at the moment over 13 million – and a formidable enhance in income, having reported an annual revenue of £113.9m in its most up-to-date accounts, up from £13.9m the 12 months earlier than.
Anil mentioned he got here to the choice after a seek for a UK CEO to serve beneath him led him to satisfy with Layfield.
“Via our conversations, it turned clear to me that she’d be a improbable chief who might drive the enterprise on the world degree, into this subsequent chapter and past. So whereas it wasn’t in my plan, I knew it was a chance I couldn’t miss for Monzo,” Anil mentioned in an inner message that he later posted on-line.
Layfield will take over as chief government in February 2026, topic to regulatory approval.
She at the moment serves because the chair of British Worldwide Funding and a non-executive director of AstraZeneca.
Layfield additionally spent nearly a decade at Google, holding roles together with president of partnerships for EMEA, world co-lead of cryptocurrencies and common supervisor for search worldwide and development.
