Mr Love will take on the role in January, for a three-year term, succeeding Peter Warry who has served as Chair since December 2012. He will oversee the direction of the Mint and its 800 employees.
Commenting on the appointment, Exchequer Secretary to the Treasury, Robert Jenrick said:
I’m delighted to welcome Graham Love to the Royal Mint at an important time in the institutions 1,100-year history. Graham brings a wealth of experience to the role and I am confident that he will build upon the work of his predecessor to ensure it maintains its status as the world’s foremost mint.
I want to thank Peter Warry for his leadership over the last six years. Peter oversaw several milestones during his tenure, including delivering the new £1 coin, which is the most secure of its kind.
Graham Love added:
It is a great privilege to take on this role. I am delighted to be appointed as Chair of the board of a leading British institution with a history spanning over 1,000 years.
My core responsibility will be to help the Mint to build on its unrivalled prestige and legacy, thereby ensuring that it remains robustly ‘Established for Tomorrow’.
The Royal Mint is the world’s oldest Mint - supplying coins to the UK, as well as to many overseas countries and central banks. It also produces commemorative coins to mark events of national, historical and cultural significance, and is this year celebrating its 50th year in Wales.
The Chair of the Mint is responsible for providing strategic direction and works closely with the board of directors and Chief Executive, Anne Jessopp who was appointed earlier this year.