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(Sharecast News) - Digital bank Monzo said on Thursday that chief executive TS Anil will be stepping down after nearly six years, and will be succeeded by Diana Layfield.
Layfield, who chairs British International Investment and is a former Google and Standard Chartered executive, will take over from TS Anil in February next year.
Layfield is also a non-executive director at AstraZeneca.
Anil said: "There's never a right time to step away from an incredibly special company that's so close to your heart.
"It's always been my belief that great leaders make way for others - it's something that's been done before at Monzo when the baton was handed to me, and it's why the business will continue to go from strength-to-strength under Diana's leadership.
"I couldn't be prouder of what we've all achieved together and most importantly, for our customers. It's been a journey full of Monzo magic, and I'm so excited to see what comes next."
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