The London-based founder of a fast-growing AI company has been named one of the "most ambitious" bosses in the º£½ÇÊÓÆµ.

Yomi Tejumola established Algomarketing 2017 while working as a data scientist at Google to automate "mundane" tasks. The business now operates in 27 countries across six continents and counts tech giants Cisco, Google and Zoom among its customers.

Mr Tejumola was recognised in a list of the top 50 most ambitious leaders of 2024 by LDC - an arm of Lloyds Bank - in partnership with the Times.

All the entrepreneurs featured in the rankings are at the helm of high-growth companies that are creating jobs, promoting social equality, championing sustainability or expanding internationally.

“It’s an incredible honour to be recognised as an LDC Ambitious Business Leader this year," said Mr Tejmola. "Since starting this journey in 2017, I’ve been on a mission to restore joy to the world of work. Through Algomarketing, I’ve built a global network of 200 Algos (or marketing super talent) who we deploy into big tech brand marketing operations globally.

"By unlocking the power of algorithmic marketing, we can remove the 80% repetitive and mundane tasks that many marketers experience in their day-to-day roles. I'm striving to build a future where marketers leverage AI and automation to not only make them more productive, but improve their work-life balance, creativity, and general wellness."

Algomarketing generates 65% of its revenue from outside the º£½ÇÊÓÆµ and has said it expects to reach a turnover of £150m by 2030.

John Garner, managing partner at LDC, added: “It’s been seven years since we launched The LDC Top 50 and in that time we’ve had the privilege of meeting some truly remarkable people. Our business leaders for 2024 show relentless drive and determination in their growth ambitions, and I’d like to congratulate them on everything they’ve achieved so far."