Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Ian Rand
Monument Board Appoints Michael Morley to its Board
Monument (the bank), the UK’s pioneering cloud-native bank dedicated to serving the mass affluent, today announces the appointment of Michael Morley as Board Member, on the 25th of February. Michael brings over 30 years of executive and board experience in international services. He has been serving as an independent Non-Executive Director with Hargreaves Lansdown PLC in the UK since 2022 and with Deutsche Bank in Spain and in Switzerland.
Monument Bank Reaches £3bn in Client Deposits, With £1bn Achieved Just Over Ten Weeks Ago
Monument (or the “Bank”) today announced that it has reached £3bn in client deposits, £1bn more than just over ten weeks ago. This marks a successful start to Q3 for the bank, which has doubled its client base in just under six months. Positioned well with its ground-breaking technology, exceptional team, and well-capitalised backers, Monument is set to continue its journey of innovation and growth.
Monument Reaches New Growth Milestone: £2bn in Customer Deposits, Raising £1bn Within Four Months
Monument (or the “Bank”) proudly announces a significant milestone in its journey: it has reached £2 billion in customer deposits and interest-bearing assets, with £1 billion raised in just four months, from January to April 2024. Monument is the only bank focused on serving the mass affluent in the UK and beyond. It is well-positioned with its ground-breaking technology, exceptional team, and well-capitalised backers.
What’s the outlook for challenger banks in 2024?
From the throes of the financial crisis back in 2008, challenger banks burst onto the scene seeking to shake up the market. Over the last 15 years or so, we have seen new players become established institutions in the UK banking space - such as Monzo and Starling – and other players aiming to follow suit.
Dubai Investments Acquires Additional Stake in Monument Bank
Dubai Investments, the leading investment company listed on the Dubai Financial Market [DFM] has acquired additional 7.68% equity stake in Monument Bank Limited, a UK Based Digital Bank regulated by the Financial Conduct Authority (UK) and the Prudential Regulation Authority (UK) further increasing the Group’s holding in the Bank from 9.25% to 16.93%. This investment is subject to necessary regulatory approvals. Dubai Investments had made an initial investment in Monument Bank earlier this year.
Fiona Pollard Appointed Chair of Mass-Affluent Bank Monument
The Board of Monument Bank is pleased to confirm that regulatory approval has been confirmed for the appointment of Mrs Fiona Pollard as the successor to Mr Niall Booker as Chair of Monument Bank. This completes an orderly succession process which has been in train for the last six months and came into effect as of 26 July.
Monument Appoints New Chief of Staff
Monument (or the “Bank”) today announces the appointment of Craig Blackburn as Chief of Staff, reporting to Chief Executive Officer, Ian Rand.
Monument Bank introduces Member Services
Monument (or the “Bank”) has officially released its new Member Services proposition to the market. Available through the Monument app, Member Services is designed to save the UK’s ~7.5 million busy professionals and entrepreneurs and their families time and money searching for ways to reach their wealth-creation potential and enjoy life to the fullest.
Dubai Investments Acquires Stake in Monument Bank, UK based Digital Bank
Dubai Investments PJSC [DIC], the leading investment company listed on the Dubai Financial Market [DFM] has acquired a 9% equity stake in Monument Bank Limited, a UK Based Digital Bank regulated by the Financial Conduct Authority (UK) and the Prudential Regulation Authority (UK). Monument Bank is focused on the overlooked ‘mass affluent’ segment in the UK.
CEO of Monument, Ian Rand, on What's Next for the Bank
In this exclusive interview with Monument, CEO Ian Rand talks about consolidating the bank’s already popular services and keeping his ear on the ground for new innovations and events that affect customers and their financial health. People In This Post Companies In This Post
Monument's Ian Rand on Why Banks Need to Adapt to New Technology and Regulation
In our interview with Ian Rand, the CEO of Monument, we talked about how fintechs can effectively navigate their vision and why flexibility and adaptation in digital transformation is imperative for banks. People In This Post Companies In This Post
Ian Rand on the of Monument and Valuing Quality Over Quantity
In our exclusive interview with the CEO of Monument, Ian Rand, we discuss the geographical future of the bank and why Rand determines their success through the quality of their deposits, not quantity. People In This Post Companies In This Post
Monument's Ian Rand on the Transformational Power of Open Finance
In this interview with Ian Rand, the CEO of bank Monument, we discuss the transformational power of open finance and the effects it will have on the border financial landscape. People In This Post Companies In This Post
Monument's Ian Rand on the Suite of Services Available to the Affluent Banking Customer
We spoke with Ian Rand, the CEO of UK neobank, Monument, about the suite of services the institution offers to its affluent clientele around the world, from straightforward savings accounts to strong business rates. People In This Post Companies In This Post
Monument's Ian Rand on Why Technology Focused on Problem Solving is Essential for the Mass Affluent
We chat with Ian Rand, the CEO of Monument Bank, about the different types of affluent customers in banking and the various needs they each possess. For Rand, context-orientated technology is integral to the delivery of a successful product – its use aids both the customer and the employee in directly identifying and solving the problems a customer has. People In This Post Companies In This Post
Monument's Ian Rand on Why Simplified Banking Models Aren't as Effective as Banks Think They Are
We sat with Ian Rand, the CEO of UK neobank, Monument, to talk about building an institution for the mass affluent and the way banks operate now that they are slowly disappearing from the high street. For Rand, there has been a big focus on automation and simplification, which is great for customers with simple needs but falls short for those with more complex needs in lending and deposits. People In This Post Companies In This Post
EXCLUSIVE: "Building Up and Out"
UK neobank Monument took a highly targeted approach at its launch in 2021, but that’s laid the foundations for a much bigger structure, as new CEO Ian Rand explains The cost-of-living crisis continues to grip the UK as inflation, which entered double digits for the first time in 40 years in July, eats away at people’s hard-earned cash.The Bank of England’s successive interest rate rises should be welcome news to savers if lenders pass them on – and in good time.
For today’s SMEs, relationship banking and digital services must both play a role
Today’s small and medium-sized enterprises (SMEs) are remarkable for their agility and diversity. They have embraced shifts in technology, such as using the internet to transform their marketing or operations. At the same time, they are reflecting changes in society. For example, the growth of flexible working has led to a surge in the number of sole-trader businesses.
The business case for hiring veterans
At Barclays we support over a million businesses across the UK, and they often raise the same challenges. Many of them are struggling to find the right people. Others are worried that their staff are struggling to adapt to the changes in their industry, making them less agile than they want to be. We’ve learned that military leavers have a huge amount to offer in solving these challenges.
Workplace heroes why SMEs should hire ex-military personnel
Written by Ian Rand, CEO for Barclays Business Banking, and former Major in the British Army. It doesn’t matter what size your business is, or the sector you’re in, getting the best people is key. The right workforce will drive productivity, increase profitability and support your business’s growth. Yet, it can often be a difficult task, particularly at a time when many industries are still struggling to plug significant skills gaps.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Ian
Contact Ian, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack