MONZO CHAIR GARY HOFFMAN TO STEP DOWN AFTER SHAREHOLDER REVOLT

Summary from the TLDR Fintech newsletter

Monzo chair Gary Hoffman will step down next month, months after major shareholders pushed for his removal following the board's decision to oust CEO TS Anil. His departure comes as Monzo resets leadership under CEO Diana Layfield, exits the US, and shifts its international expansion strategy toward the UK and Europe.