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

Notes to Editors

  1. Photographs of James Furse and Ian Ackerley are available on request.
  2. The extension to James Furse’s contract as a Non-executive Director was made in accordance with the Code of Practice published by the Commissioner for Public Appointments.