Summary of Anne Boden’s Departure from Starling Bank and New AI Venture
- Person: Anne Boden, founder of Starling Bank.
- Departure Details:
- Stepped down from Starling Bank’s board.
- Now focusing on a new AI venture called AI by Boden.
- New Venture:
- Named AI by Boden Limited.
- Incorporated on 15 May 2023.
- Boden listed as sole director.
- Intended for Boden’s personal interests in AI and industry disruption.
- Background:
- Boden stepped down as CEO of Starling Bank.
- Interim CEO: COO John Mountain.
- Permanent CEO: Raman Bhatia (from June).
- Starling Bank Performance:
- Third year of profitability (ending 31 March).
- Pre-tax profits rose by 54.7% to £301.1 million.
- Revenue increased by 50.6% to £682.2 million.
- Board Position:
- Boden was a non-executive director after stepping down as CEO.
- Reportedly quit the bank entirely at the end of June.
- Remains a shareholder with a minority stake (<5%).
- Future Focus:
- AI by Boden likely to be her main focus.
- Boden has not commented on her next steps.
- Contact: Starling Bank was contacted for comments by FinTech Futures.
