MyBnk is delighted to introduce our new Chair of Trustees, Asesh Sarkar.

Asesh is the Co-founder and CEO of Salary Finance, a fast growing financial wellness platform, focusing on improving the financial wellness of those in work. He joins us at a time of rapid change as young people in the UK suffer the worst economic affects of the coronavirus, according to the IFS. The Sutton Trust has warned of serious consequences for social mobility.

Financial education has an important role to play in supporting young adults and enabling families and educators to prepare children for the unexpected.

“Whilst Salary Finance helps those in work become financially healthier and happier, it’s clear that interventions are needed before young people enter the world of work also, with money habits formed from the age of 7. MyBnk’s expert-led financial education programmes for 5-25 year olds in UK schools and youth organisations have made a huge impact on 250,000 young people and I look forward to helping to scale it further.” Asesh Sarkar, Co-founder and CEO of Salary Finance & Chair of MyBnk.

Cutting through the noise

In this time of social distancing MyBnk has accelerated efforts to develop alternative and complementary methods to our expert-led direct delivery model, for now, and into the new normal.

MyBnk have created a range of free online home school resources: Family Money Twist for Years 1-2 and 3-6. It includes videos, quizzes and activities to teach children the value of money, budgeting, and delayed gratification by making spending and saving decisions and gaining rewards. These initiatives are kindly supported by our partners KickStart Money.

For young adults we have released a range of new offerings, including an online version of our award-winning homelessness prevention programme for vulnerable 16-25 year olds, The Money House, and My Moneycast –  a weekly financial education social media livestream offering practical guidance through the current disruption. Together with The Mix we have published an emergency Coronavirus money guide.

Asesh succeeds MyBnk founder and former CEO, Lily Lapenna-Huda MBE, who remains on the Trustee Board.

We look forward to working with Asesh and benefiting from his expertise and experience as we create a financially capable and enterprising generation

If you would like to join us on this journey, please contact