Starling Bank CEO Anne Boden is to step down on June 30

Prof. Dr. Amarendra Bhushan DhirajCEO OpinionsJune 10, 2023

After nine years since its inception, Anne Boden, the founder of Starling Bank, one of the prominent digital banks in the United Kingdom, has decided to resign from her position as CEO. Starling Bank experienced significant growth during this period, as reflected in its impressive financial results.

In the fiscal year ending on March 31, 2023, the bank recorded annual revenue of £453 million ($600 million), surpassing the previous year’s figure and more than doubling its growth. Moreover, Starling Bank achieved a remarkable sixfold increase in pre-tax profits, amounting to £195 million. Notably, Anne Boden retains a 4% ownership stake in Starling Bank.

Starling Bank has initiated a worldwide quest to find a new CEO and in the meantime, the position will be temporarily filled by John Mountain, the bank’s chief operating officer who has been an integral part of the organization since 2015. Supported by the esteemed U.S. investment banking powerhouse, Goldman Sachs, Starling Bank has emerged as one of the leading fintech companies in the United Kingdom. It boasts an impressive customer base of 3.6 million users.

In terms of funding, Starling Bank has successfully raised a total of £946.5 billion from notable investors such as Goldman Sachs, Fidelity, and the Qatar Investment Authority. The bank’s most recent valuation stands at £2.5 billion.

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CEOWORLD magazine - Latest - CEO Opinions - Starling Bank CEO Anne Boden is to step down on June 30

Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.

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