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Ed Anderson’s term as Chair of the board of National Savings & Investments has been extended for a period of 18 months

Fact Checked by TDPel News Desk
By Pelumi Emmanuel

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.

 

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About Pelumi Emmanuel

Pelumi Emmanuel is an accomplished writer and journalist with over 15 years of experience in the industry. He is a passionate and dedicated professional who is committed to producing high-quality content that informs, engages, and entertains readers. Pelumi’s love for reading and writing is evident in his work, which has been read worldwide and has garnered him a loyal following. His journalistic expertise is matched only by his natural talent for storytelling, making his articles both informative and engaging. He lives in California, USA.