Starling Bank founder Anne Boden has resigned from the board of the challenger bank to embark on a new AI venture. Boden unexpectedly stepped down from her CEO position in May of the previous year, citing a potential conflict of interest due to her 4.9% stake in the bank, which she established in 2014.
Starling recently announced its third consecutive profitable year, reporting a pretax profit of £301.1 million for the year ending March 31, 2024, which is a 55% increase from £194.6 million the previous year.
After serving on the board as a non-executive director for a year, Boden has now left to launch AI by Boden, a startup she registered last year. First reported by the Sunday Times, she has not provided any comments regarding her future plans.
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