I’m sure it is but even 2 years ago Monzo’s immediate focus/ priority was the same - making money from lending (https://monzo.com/annual-report/2018/)
This guy was unveiled as the chap who could do that (literally months after that annual report) and now he’s left without that actually coming to fruition and only a simple personal loan product having been launched in the meantime. Not a great scorecard, that’s all I’m saying.
Tom moves from CEO to new president position.
Hail to the chief
I like the idea of President Blomfield 
Wait til he decides to build a wall, and make starling pay for it
“I went through all the stuff I love about my job, and it was all the stuff I did in the first two or three years,”
Rough translation = Tom is bored as CEO of the company (and that is totally fine). Some new blood as CEO will be great for the company I think. Question is that the new CEO appears to not have UK banking experience?
So my question is: What is TS Anil’s profile on this forum ?
Doesn’t have one afaik. Hasn’t posted anyway
I guess only time will tell. This will speak volumes
Why? He can look without posting. Tom posts incredibly rarely. Hopefully that will increase since he’s said he wants to focus on community and talking to customers
I hope so. It was nice seeing someone like Tom walking around his ‘shop floor’ and taking note.
Sounds to me like Tom knows he excels at starting companies and getting them off the ground - perhaps including exploring new ideas and ventures - but that others may be more qualified to run them, or that he simply wants to spend more time doing the things he excels at.
His taking a step back from being the public face has been fairly dramatic over the past couple of years. He used to present at the majority of Monzo’s monthly events, but it’s been a long while since we’ve heard directly from him (as far as I know).
So long as he remains involved, this could well be a very positive step for Monzo, as he uses his entrepreneurial spirit to develop new ideas and propositions 
And if his starts focusing on initiatives beyond Monzo, how many of us would bet against him? I’d be very curious to watch and see what happens next.
Monzo plus is his wall
Wonder which funder in this round asked for this?
Could well be an area of focus for him. Taking the company and making it profitable.
I can genuinely him thinking about taking this step, but yes, this is likely what forced it to happen now.
If he was not involved with Monzo Plus, the area which would give profit, then I would be amazed he lasted this long without being ousted by either high level staff or investors. But as CEO, of course he was somewhat involved in Plus.
Is the new CEO really experienced? Has anyone got any substantial info about him
He’s been in banking since 1993 - I’d say he’s pretty experienced.