Multiple sources confirmed that Meri Williams, who joined Monzo bank in September 2018, announced internally that she was departing.
With that, she said that she wants to help with cost-cutting measures. She has been also continually reducing her role over the past five months to just one day a week and has been consulting some medtech startups.
Before Williams joined Monzo in 2018, she was the CTO of MOO, an online print and design company that was also listed Forbes UK’s hottest start-ups. She was as well the head of engineering at British retailer Marks and Spencer and has done stints scaling up engineering teams at other start-ups.
Earlier in her career, Williams spent almost 10 years at Proctor & Gamble in various roles, including as head of operations for North Europe site services.
But the trouble is that it is not clear who is taking up Williams CTO responsibilities since previous CTO and Monzo co-founder Jonas Huckestein is on paternity leave.
According to some media reports, he is the one to step to the role of CTO after all. Monzo declined to comment on this matter.
Williams joins a other senior executives who have left Monzo in the last six months, including former COO Tom Foster-Carter and deputy CEO Paul Rippon.
But the bank has been also hiring a lot of new senior executives, including chief risk officer Lisa Nowell and head of diversity and inclusion Sheree Atcheson.