Monzo chief executive TS Anil was asked to step down by the fintech’s board amid concerns over international expansion and his post-IPO commitment, according to reporting from the Financial Times.
The FT reports that tensions built between Anil and the board before October’s somewhat rel=”nofollow” href=”https://www.pymnts.com/personnel/2025/monzo-ceo-passes-torch-to-google-vet-diana-layfield/”>unexpected announcement that former Google executive Diana Layfield would take over early next year. A key issue, apparently, was IPO timing. Anil pushed for an earlier listing than some directors wanted and signaled he might leave soon after, while board members…

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