Our board and committees
The NS&I board consists of executive and non-executive directors and representatives of HM Treasury. Seven members of the board also make up the executive committee.
View our annual report for more information on our board.
- Ed Anderson – Non-executive Director and Chairman of the Board
- Steve Owen – Acting Chief Executive
- Peter Cornish – Director, Risk
- Dax Harkins – Director, B2B
- Mark Keene – Acting Director, Partnership
- Rodney Norman – Director, Finance
- Sarah Tebbutt – Director, People and Strategy
- Jill Waters – Acting Director, Retail
- James Furse – Non-executive Director
- Mario Pisani – HM Treasury
- Susan Bell – Board Secretary
All appointments to NS&I’s board are made on merit. Political activity plays no part in the selection process. However, in accordance with the original Nolan recommendations there is a requirement for appointees’ political activity (if any) to be made public.
Organisational chart showing senior salaries
As part of the government’s transparency agenda NS&I has published an organisational chart showing the most senior salaries as well as how many people work in each directorate. This information will be updated to reflect any changes.
NS&I staff members undertake their duties in line with the requirements of the Civil Service Code and Civil Service Management Code, which make clear that civil servants must make sure public money and other resources are used properly and efficiently.
NS&I has published the following information about NS&I executive directors and non-executive directors’ business expenses & hospitality. NS&I will continue to publish similar information on a quarterly basis. The information may be periodically updated where appropriate.
- Expenses & Hospitality 1 July – 30 September 2016
- Expenses & Hospitality 1 April – 30 June 2016
- Expenses & Hospitality 1 January – 31 March 2016
- Expenses & Hospitality 1 October – 31 December 2015
- Expenses & Hospitality 1 July – 30 September 2015
- Expenses & Hospitality 1 April – 30 June 2015
- Expenses & Hospitality 1 January – 31 March 2015
- Expenses & Hospitality 1 October – 31 December 2014
- Expenses & Hospitality 1 July – 30 September 2014
- Expenses & Hospitality 1 April – 30 June 2014
- Expenses & Hospitality 1 January – 31 March 2014
- Expenses & Hospitality 1 October – 31 December 2013
- Expenses & Hospitality 1 July – 30 September 2013
- Expenses & Hospitality 1 April – 31 June 2013
- Expenses & Hospitality 1 January – 31 March 2013
Audit and Risk Committee
The Audit and Risk Committee consists solely of non-executive directors. It is chaired by Ed Anderson and comprises Cheryl Millington and Mario Pisani.
The main responsibilities of the Audit and Risk Committee are to assure the Accounting Officer and the board as to the adequacy of:
- The strategic processes for risk control, governance and security within NS&I and processes outsourced to Atos
- The accounting policies, accounts and annual report of NS&I
- Internal and external audit plans and the results of this work along with the managements’ responses to any issues identified
- The system of internal control within both NS&I and Atos including internal audit arrangements within NS&I and the NS&I account within Atos
- Processes in place to ensure appropriate compliance with regulation
- Anti-fraud policies, whistle-blowing processes and arrangements for special investigations
At the invitation of the committee, the chief executive, finance director and risk director also attend, as well as the head of internal audit, the director from the National Audit Office (NAO) and a representative from the external audit partner (under the NAO’s framework agreement). All directors have access to the minutes of the Audit and Risk Committee meetings.
Appointments and Remuneration Committee
The Appointments and Remuneration Committee comprise two non-executive directors: the chief executive and the director of NS&I’s People & Strategy directorate.
The committee reviews the chief executive’s recommendations on pay and performance-related awards to confirm that it is consistent with government policy and HM Treasury pay guidance. Agency performance measures are audited outcomes’; individual performance objectives are assessed by the chief executive using appropriate measures of outcomes.
The committee also advises on the role and appointment of executive NS&I board members. The committee reviews succession planning arrangements for senior staff within NS&I.