News story: Non-executive Director of NS&I has contract extended

The government has extended James Furse’s contract as a Non-executive Director on the board of NS&I for a further year, up to 31 December 2018. James is a Non-executive Director of Ageas UK Insurance and prior to joining the NS&I board in January 2012, he was Managing Director of John Lewis Partnership financial services. 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, with oversight of risk control and ensuring 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 to 25 million customers. All products offer 100% capital security because NS&I is backed by HM Treasury.

Further information

The current NS&I board members are:

• Ed Anderson – Non-executive Director and Chairman of the board
• Ian Ackerley – Chief Executive
• Peter Cornish – Director, Risk
• Dax Harkins – Director, B2B
• Jill Waters – Acting Director, Retail
• Rodney Norman – Director, Finance
• Mark Keene – Acting Director, Partnership
• Sarah Tebbutt – Director, People and Strategy
• James Furse – Non-executive Director
• Sharmila Nebhrajani OBE – Non-executive Director
• Christopher Fisher – Non-executive Director
• Mario Pisani – HM Treasury representative