Digital banking leader Monzo has announced the appointments of Tom Oldham as Group Chief Financial Officer (CFO) and Mark Newbery as UK CFO, further bolstering its executive team during a pivotal year of growth. Oldham will spearhead Monzo’s global financial strategy, operations, and investor relations, while Newbery will focus on UK-specific financial management, including balance sheet oversight. The appointments come as Monzo continues to expand internationally, with plans for Europe and the U.S., and consolidates its position in the UK, where it now serves over 11 million customers, achieving its first year of profitability, and reaching a $5.9 billion valuation.
Tom Oldham brings a wealth of financial leadership experience, having served as Chief Investment Officer at Mombak and as a key member of Nubank’s leadership team during its IPO and hypergrowth phase. His appointment reflects Monzo’s focus on innovation and global growth. CEO, TS Anil welcomed the new leaders, emphasizing their alignment with Monzo’s mission to transform financial management through a blend of banking and technology. Tom expressed enthusiasm for joining Monzo at a pivotal time in its journey, praising its customer-focused strategy and ambitious plans to redefine digital banking on a global scale.
