- The Treasury has extended Ed Anderson's term as Chair of the board of National Savings & Investments for a period of 18 months, to the end of June 2024
- This will ensure continuity of leadership over an important period for NS&I
- Mr Anderson was appointed as Chairman in January 2017 and reappointed on 1 January 2020
Mr Anderson was first appointed as Chair in January 2017, having originally joined NS&I's board as a Non-executive Director in February 2016. He was reappointed as the Chair as of 1 January 2020 on a three-year term.
NS&I has recently embarked on a major re-procurement of its outsourced business services through its Rainbow Programme, and this extension is to ensure strong continuity of leadership over an important period for NS&I.
Non-Executive members of NS&I's Board ensure a sound strategy is in place to meet the organisation's remit of raising cost-effective debt financing for the government. They also act as an external source of advice, have oversight of risk control and ensure NS&I's links with its outsourcing partner, Atos, remain open and transparent.
NS&I is one of the largest savings organisations in the UK, offering a range of savings and investments. All products offer 100% capital security because NS&I is backed by HM Treasury.
Ed was appointed as Chairman in January 2017, having originally joined NS&I's board as a Non-executive Director in February 2016. Ed has held a number of senior executive and non-executive roles. He was previously the Chairman of the Yorkshire Building Society from 2007 to 2015 and Managing Director of Leeds Bradford Airport for 10 years.
