New NS&I Finance Director appointed

Rodney joins NS&I from HM Treasury where he was the Treasury Accountant, Head of Exchequer Funds and Accounts. He had been at HM Treasury since 2007, during which time his team was responsible for public sector funding and oversaw a balance sheet of more than £1 trillion.

Rodney will lead NS&I’s finance function and business insight teams. He will also be a member of the board and NS&I’s executive management team, responsible for delivering NS&I’s business strategy.

Jane Platt, Chief Executive, NS&I, said:

“I am delighted to welcome Rodney to NS&I. He joins a strong team as we continue to modernise our business, deliver value for taxpayers and maintain high levels of customer satisfaction.”

Rodney Norman, NS&I Finance and Business Insight Director, said:

“I am pleased to join a team who play such an important part in NS&I and in implementing its business strategy. They are a vital resource for NS&I and I look forward to building upon their success.”

Notes to Editors

Rodney Norman biography

Rodney Norman was previously the Treasury Accountant, Head of Exchequer Funds and Accounts at HM Treasury. His team was responsible for public sector funding and oversaw a balance sheet of more than £1 trillion. He was also a Non-executive board member of the Government Banking Service. Before joining HM Treasury in 2007, Rodney was Finance Director of the banking arm of Close Brothers, a FTSE 250 company regulated by the FSA, having worked in the City for most of his career after qualifying as an accountant with PricewaterhouseCoopers.

1. The current NS&I board members are:

Sir John de Trafford Bt. MBE – Non-executive Director and Chairman of the Board
Jane Platt – Chief Executive
Peter Cornish – Director, Risk and Assurance
Julian Hynd – Director, Business-to-Business and Change
Gillian McGrattan – Director, Corporate Services
Steve Owen – Director, Operations and Commercial Management
John Prout – Director, Retail Customer
Rodney Norman – Director, Finance and Business Insight
Clare Roberts – HM Treasury
James Richardson – HM Treasury
David Hulf – Non-executive Director and Chairman of the Audit Committee
Simon Ricketts – Non-executive Director
James Furse – Non-executive Director and Chairman of the Appointments and Remuneration Committee

2. NS&I is one of the largest savings organisations in the UK, offering a range of savings and investments to over 26 million customers. All products offer 100% capital security, because NS&I is backed by HM Treasury.