Monzo, the U.K. opposition bank that now counts over 4 million account holders, has lost its CTO, TechCrunch has found out. According to multiple sources, Meri Williams, who joined the fast-growing fintech in September 2018 to much fanfare, revealed internally that she was departing, stating that she wished to willingly help with cost-cutting steps. It is worth keeping in mind that Williams had already cut back her participation with Monzo and had actually been seeking advice from for other tech companies. One source informed TechCrunch she was most just recently just working one day weekly for Monzo.

It is not clear who is taking up Williams CTO responsibilities, particularly as previous CTO and Monzo co-founder Jonas Huckestein (imagined right, with Meri Williams) is thought to be on paternity leave. Monzo declined to comment.

Prior to holding the CTO role at Monzo, Williams operated at print and design company MOO– an early beloved of the London startup community– and was given the bank for her experience “growing complex engineering organisations and managing fast-moving teams,” according to a news release provided at the time of her hire. Before working at MOO, she was Head of Engineering at M&S Digital and previously worked for the U.K.’s Government Digital Service.

Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.