Monzo’s TS Anil on running a bank during a financial crisis
TS Anil is the CEO of Monzo, one of the neobanks taking on the established players in the financial sector. It’s grown to have around 6 million customers, but now faces new challenges as the UK wades through a cost-of-living crisis, and recession looms. In this episode we talk about:
- His motivation for taking over as CEO and his drive to reinvent banking
- Why crises separate great companies from the rest
- How a new CEO has to adapt to the company they’re stepping into
- The walks in the park that led to big strategic decisions during the pandemic
- The prejudice he faced as an Indian businessman
- What makes people think about switching banks
- The help Monzo can give to people trying to organise their finances
- The prejudice he faced as an Indian businessman
- The global ambition behind Monzo’s future strategy
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