NS&I announces new Non-executive Directors
They replace Paul Spencer and Michael Medlicott, who recently completed their maximum six-year term as Nonexecutive Directors.
Non-executive members of NS&I’s Board ensure a sound strategy is in place to meet the organisation’s remit. They also act as an external source of advice, maintaining risk control and ensuring NS&I’s links with its strategic partner remain open and transparent.
Jane Platt, NS&I's Chief Executive, said:
“I am delighted to welcome David Hulf and John de Trafford to the Board of NS&I. These two outstanding appointments will strengthen the team as we take the next steps in delivering NS&I’s modernisation programme. I would also like to thank Michael Medlicott for his hard work and support over the past six years. Michael has played an instrumental part in the development and growth of NS&I’s direct channels, and in increasing the value NS&I is able to offer to its stakeholders.”
Notes to editors
David Hulf
Until recently David held board financial positions at BP, including responsibilities for finance, strategy and business development, on a global basis and retired from BP as deputy global Chief Financial Officer. David is a Fellow of the Institute of Chartered Accountants in England and Wales and a Member of the Audit Committee Institute. David is also Chair of the NHS Business Service Authority's Audit and Risk Committee.
John de Trafford
John de Trafford’s early career was spent in Unilever and at Guinness before he moved into financial services as Head of Consumer Marketing in the UK for American Express. After a spell overseas he was appointed Country Head for the UK and Ireland, before becoming Regional President for Northern Europe and chair of the company’s EMEA Executive. He retired from American Express four years ago and currently has a portfolio of not-for-profit and commercial activities, including Chair of the Pensions, Disability and Carers Service.
- The current NS&I Board members are:
Martin Gray - Non-executive Director and Chairman of the Board
Jane Platt - Chief Executive
Mike Chilton - Director, Finance and Risk
Peter Cornish - Director, Customer Offer
Julian Hynd - Director, Change and Strategy Support
Gillian McGrattan - People and Environment Director
Steve Owen - Director, Channel Delivery and Management
John Prout - Director, Customer Sales and Retention
Sam Beckett - Director, Fiscal Policy, HM Treasury
Sarah Tebbutt - Debt and Reserves Management Team, HM Treasury
Simon Ricketts - Non-executive Director
John de Trafford - Non-executive Director
David Hulf - Non-executive Director - Paul Spencer was replaced as Chairman of NS&I by Martin Gray when Paul came to the end of his maximum six-year term as Non-executive Director.
About NS&I
NS&I is one of the UK’s largest financial providers with nearly 27 million customers and over £95 billion invested. It is best known for Premium Bonds, but also offers Inflation-Beating Savings, Guaranteed Equity Bonds and Children’s Bonus Bonds in its range. All products offer 100% security, because NS&I is backed by HM Treasury. NS&I products are available over the telephone, internet, post and by standing order. They are also available through a network of Post Office® branches. Customers can also pick up our product range brochure at retailer WHSmith in over 400 of its high street stores.