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National Savings and Investments Chief Executive to move to Post Office Ltd.

National Savings and Investments (NS&I), has today announced that Alan Cook CBE, Chief Executive, will be leaving the government-backed savings and investments provider on 28th February 2006. He will be joining Post Office Ltd as Managing Director on 1st March 2006. Trevor Bayley, currently Deputy Chief Executive and Finance Director, will become Acting Chief Executive

NS&I joins Financial Ombudsman Service

National Savings and Investments (NS&I), the government-backed savings and investments provider, has joined the Financial Ombudsman Service (FOS) voluntary jurisdiction scheme, creating a streamlined complaints service for customers and bringing the organisation further into line with the UK retail financial services industry.