Anne Boden
Anne Elizabeth Boden MBE (born January 1960) is a British tech entrepreneur. She is the founder and CEO of Starling Bank,[1] a UK mobile-only bank. In 2018, she received an MBE for services to financial technology.[2]
Anne Elizabeth Boden | |
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Born | January 1960 (age 63) Swansea, Wales |
Alma mater | Swansea University Middlesex University |
Occupation(s) | CEO and founder of Starling Bank |
Early life
Boden was born in Bon-y-maen a suburb of Swansea, the daughter of a steelworker and a department store worker.[1] She was a pupil at Cefn Hengoed Comprehensive and graduated from Swansea University in 1981[3] with a degree in Chemistry and Computer Sciences.[4] After the financial crisis, Boden sold the house in Swansea where she spent her weekends, in order to raise funds and hire staff at her company.[4]
Career
After graduating, she had intended to go into IT but, as a backup plan, applied for a job as a graduate trainee with Lloyds Banking Group,[3] where her career was launched.[4] This was followed by spells at Standard Chartered Bank, UBS, and as Chief Information Officer at AON Corporation.[5] Boden later joined ABN AMRO and RBS, serving as Head of EMEA and as head of Global Transaction Banking.[5] At the group, she ran a payments business across 34 countries.[6]
Boden earned her MBA from Middlesex University in 1990 while working for Standard Chartered.[7] In 2011 she served on the Board of Governors of Middlesex University, which awarded her an honorary doctorate degree in July 2018.[8]
She joined Allied Irish Banks in 2012 as Chief Operating Officer[9] to help turn round the bank's fortunes after the financial crisis of 2008.[10]
In 2020 Boden became a member of the board of the trade association for the UK's banks and financial services companies, UK Finance, and also an advisor to the UK government's Board of Trade.[11]
Anne is a member of the World Economic Forum.[12]
Starling Bank
Boden founded her online banking business in June 2014, originally named Possible Financial Services,[13] with the tagline "Bank Possible". Her objective was to create an entirely on-line bank that gave easier feedback to customers.[11]
In February 2015, co-founder Tom Blomfield departed Starling Bank to found Monzo.[14] The other four directors left with him.[11]
The company rebranded as Starling in January 2016,[13] and received its UK banking licence that year.[15] The Telegraph described the company as "the Amazon of banking" after it received multiple investments from Austrian-born billionaire Harald McPike.[16]
Boden lost her position as majority shareholder in Starling in July 2019 after a large investment from McPike during a series C funding round in February.[17] McPike has to date invested £75m (for a 60% stake) in the company, followed by a £50m share held by Merian Global Investors.[17] The company has raised £233m to date.[17] Boden now holds approximately 25% of the company.[17] The bank currently (Jan 2020) has a reported 275,000 customers in the UK.[5] Boden is a member of Tech Nation's FinTech Delivery Panel[5] and has spoken at industry events such as Money20/20 and Wealth 2.0.
Awards
Boden was awarded an MBE in the 2018 Queen’s Birthday Honours, for services to fintech.[18]
Starling's Anne Boden named CEO of the year at Digital Masters Awards.[19]
Starling Bank named Bank of the year at City AM Awards.[20][21]
References
- Driscoll, Margarette (8 October 2019). "Anne Boden, Starling CEO, on how she went from banker to fintech entrepreneur in midlife". The Telegraph. ISSN 0307-1235. Retrieved 26 January 2020.
- "The 38 coolest women in UK tech". Business Insider. Retrieved 8 October 2018.
- "Anne Boden". Sail: 9. 2020.
- Dickins, Sarah (8 March 2018). "Steelworker's daughter who started a bank". BBC News. Retrieved 18 September 2018.
- "Anne Boden". Forbes. Retrieved 26 January 2020.
- "The Future of Fintech: Advisory Board Meeting". The Telegraph. 27 April 2017. ISSN 0307-1235. Retrieved 18 September 2018.
- "Anne Boden, Starling Bank Limited: Profile and Biography". www.bloomberg.com. Retrieved 26 January 2020.
- "David Blunkett, Imogen Heap and Chief Rabbi Ephraim Mirvis among Middlesex's new set of influential and inspiring honorary graduates". www.mdx.ac.uk. Retrieved 8 October 2018.
- "A dynamic response to digital challenges – HCL Technologies". www.banking-gateway.com. Retrieved 26 January 2020.
- "Setting up bank easier than fixing broken system, says ex-AIB chief". The Irish Times. Retrieved 18 September 2018.
- Moore, Anna (8 November 2020). "It's crazy, but I started my own bank': the story behind Starling". The Observer. Retrieved 12 November 2020.
- "Anne Boden". World Economic Forum. Retrieved 24 February 2022.
- "STARLING BANK LIMITED - Overview (free company information from Companies House)". beta.companieshouse.gov.uk. Retrieved 26 January 2020.
- "Bank Possible's future in question as Starling team flies apart". The Financial Times. 18 February 2015. Retrieved 26 January 2020.
- Wallace, Tim (14 July 2016). "Mobile-only bank Starling wins its licence". The Telegraph. ISSN 0307-1235. Retrieved 18 September 2018.
- Burn-Callander, Rebecca (9 October 2018). "Starling is now the Amazon of banking. Come get an account". The Telegraph – via www.telegraph.co.uk.
- "Revealed: Starling Bank chief's stake slides as billionaire backer tightens grip". CityAM. 1 July 2019. Retrieved 26 January 2020.
- "Anne Boden MBE". Fresh Business Thinking. Retrieved 26 April 2023.
- Boland, Hannah (30 November 2020). "Starling's Anne Boden named CEO of the year at Digital Masters Awards". The Telegraph. ISSN 0307-1235. Retrieved 26 April 2023.
- "Starling Bank named Bank of the Year at City AM Awards". ffnews.com. Retrieved 26 April 2023.
- City AM Awards | Personality of the Year 2022| Interview with Anne Boden, retrieved 26 April 2023
External links
Media related to Anne Boden at Wikimedia Commons