Published: January 19, 2026 at 9:34 am
Outgoing CEO TS Anil is reportedly set for an expanded role at Monzo following a shareholder revolt.
In a surprise announcement in October, Monzo said Anil would step down in February 2026 and be succeeded by former Google and Standard Chartered exec Diana Layfield, who had originally been lined up to lead its UK business.
However, reports claimed that Anil was effectively ousted by the company’s board after a disagreement over its IPO plans.
Now the FT is reporting that Monzo will keep Anil on with more authority than initially planned. He is also likely to remain on the board, insiders told the publication.