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Monzo founder Tom Blomfield is departing the challenger bank and says hes struggled during the pandemic

Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today.
Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo board. However, having been given the time and space to consider his long-term future at the bank he helped create 6 years ago, and with a refreshed executive team now in place, he says it is time to hand over the baton.
In a brief but candid telephone interview, Blomfield also revealed that, as well as being unhappy during the last couple of years as CEO when the company scaled well beyond a scrappy startup, the pandemic and subsequent lockdowns exasperated pressures placed on his own mental well-being. Im very happy to talk about whats gone on with me, because I dont think people do it enough, he says.
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