Ed Anderson’s term as Chairman of the National Savings & Investments Board of Directors has been extended for another 18 months, from December 2022 to June 2024.
The Treasury has extended Ed Anderson’s term as Chair of the National Savings and Investments Board of Directors for another 18 months, until June 30, 2024.
This will assure leadership continuity for NS&I during a critical era.
Mr. Anderson was elected Chairman in January 2017 and will be re-elected on January 1, 2020.
Mr Anderson became Chair in January 2017 after joining the NS&I board of directors as a Non-Executive Director in February 2016. He was reappointed as Chair for a three-year term beginning January 1, 2020.
Through its Rainbow Program, NS&I has recently launched on a substantial re-procurement of its outsourced business services, and this extension is to maintain good leadership continuity over a crucial era for NS&I.
Non-Executive members of the NS&I Board of Directors guarantee that a good plan is in place to accomplish the organization’s mandate of providing the government with cost-effective debt financing. They also serve as an outside source of advise, supervise risk management, and guarantee that NS&I’s relationships with its outsourcing partner, Atos, are open and transparent.
NS&I is one of the major savings and investment companies in the UK, with a variety of savings and investing options. Because NS&I is backed by HM Treasury, all products provide 100 percent capital security.
Ed became Chairman of NS&I in January 2017, after joining the board as a Non-Executive Director in February 2016. Ed has held a variety of executive and non-executive positions. From 2007 until 2015, he served as Chairman of the Yorkshire Building Society, as well as Managing Director of Leeds Bradford Airport for ten years.