Dame Jayne-Anne Gadhia’s skyrocketing career after transforming Virgin Money into Britain’s list of the top-performing money lenders has caught the interest of MoneyFarm, who has now appointed her as the new chair in the business that handles over £2.5bn in asset management.
MoneyFarm, adding a bit of their background, is an online investment advisor that has broken down investment into very simple steps in the modern world and all of its complexities.
The service has a total of four different investment products to start users off with, which include ISA (Individual Savings Account), Private Pension (SIPP), Junior ISAs, and General Investment Accounts. Giovanni Daprà, Co-founder and current Chief Executive of MoneyFarm, has a lot of good things to say about Gadhia, taken from an interview after the appointment.
“It’s more than an honor to work with someone with such a gender-diverse, philosophical approach in the money business, and it’s not an exaggeration to say that I’ve been looking forward to it”, Daprà says. As the new chair of MoneyFarm, Gadhia will not focus just focusing on MoneyFarm’s customer base to increase their average savings and investments but bring about her experience and work philosophy of working as an advocate for gender diversity in business for the longest part of her career.
Handling money farm is just another portfolio being added to Ghadia’s long list, which previously includes managing and running a custom savings application she founded, called Snoop. In addition to that, Ghadia is also chair of HM Revenue and Customs Board, a department of the UK Government responsible for the collection of taxes and helping the public sort their taxes right.
Ghadia brings vast experience to this role as chair of MoneyFarm, considering that she worked at Virgin Money for 11 years, starting way back in 2007, leading the company to IPO with an evaluation of $2bn in 2014. When asked about her new position at MoneyFarm, Ghadia excitedly mentioned how excited and honoured she is about working for the financial future of this investment advisor company.
“It’s a privilege for me to be appointed as chair. Moneyfarm’s work environment reminds me of my early days working with Virgin Money, and I’ve always appreciated and loved how they give full access to everyone willing to change their financial future in the company.
Being considered among the pioneers of the online robo advisor in Europe with an element of human touch, MoneyFarm has seen substantial growth in their AUM (Asset Under Management,), which increased by a growing percentage of more than 70% in the year 2021 and continues to skyrocket off of this growth.
Since their inception, they now have more than 80,000 active clients, and manage more than £2.5bn, as mentioned previously.
