National Savings and Investments appoints Chief Executive

Undated handout of the National Savings and Investments (NS&I) logo as consumers seeking a safe haven for their cash led to record levels of deposits with National Savings & Investments during the final quarter of last year, figures showed today. PRESS ASSOCIATION Photo. Issue date: Wednesday March 04, 2009. The Government-backed group said £9.55 billion was saved with it during the three months to the end of December, up from £5.67 billion during the previous quarter and £3.78 billion during the same period of 2007. See PA story MONEY National. Photo credit should read: Handout/PA Wire

The Chancellor has appointed Ian Ackerley as the new Chief Executive of NS&I (National Savings and Investments).

Announcing the appointment Simon Kirby, Economic Secretary to the Treasury, said:

Ian Ackerley’s extensive experience in retail financial services and effective leadership skills make him the ideal candidate to be the next Chief Executive of NS&I.

NS&I sits at the heart of our savings sector and Ian will play a key role in shaping the next phase of NS&I’s digital transformation so that it continues to deliver for millions of savers across the UK.

Ian Ackerley speaking on the appointment said:
“Like many people across the UK, I grew up with NS&I: my first savings were in Premium Bonds, which were bought for me as a child. It is a brand I have long admired – particularly for how it has transformed itself into a 100% direct business without losing the trust and loyalty of its customers. I’m proud to be given the opportunity to lead NS&I and look forward to joining the team.”

National Savings and Investments (NS&I) offer a wide range of savings and investment products that are backed by HM Treasury.

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