Monzo replaces boss with former Google executive
Diana Layfield will take over in February from TS Anil, who becomes an adviser in ‘bittersweet’ move
Diana Layfield will take over in February from TS Anil, who becomes an adviser in ‘bittersweet’ move

Timing for fintech’s planned listing was a key aspect of ructions ahead of TS Anil’s surprise departure

UK digital bank due to give current chief executive broader than expected remit when he steps down next month

Bank customers are notoriously sticky, which makes it hard for any newcomer to break into a developed market

Shortlisting of two bank executives signals change of tack after series of external hires

Investors including Accel and Iconiq are also pressing for greater board representation for shareholders

Hiring star bankers and letting them bring their own posse has had mixed results