David Woodward reappointed as a Non-Executive Director to the Board of NS&I
HM Treasury has announced today the reappointment of David Woodward as a Non-Executive Director to the Board of NS&I for a second three-year term.
HM Treasury has announced today that David Woodward has been reappointed as a Non-Executive Director to the Board of NS&I (National Savings and Investments). The reappointment will be for a term of three years, until January 2029.
Non-Executive Directors on NS&I’s Board ensure a sound strategy is in place to meet the organisation’s remit of raising cost-effective debt financing for the government. They also act as an external source of advice, have oversight of risk control, and ensure NS&I’s links with its outsourcing partners remain open and transparent.
NS&I is one of the largest savings organisations in the UK, offering a range of savings and investments. All products offer 100% capital security because NS&I is backed by HM Treasury.
David is a qualified chartered management accountant with extensive experience as a finance director across various industries. He is also an experienced non-executive and audit and risk committee chair, having previously held such positions at the Hinckley & Rugby and Market Harborough building societies and Lincolnshire Community Health Services NHS Trust. Alongside his role on NS&I’s Board, David also holds a NED position at Aspire Housing and is a Trustee of the charity the Consumers’ Association.
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The reappointment has been made in accordance with the Code of Practice published by the Commissioner for Public Appointments.
All appointments are made on merit and political activity plays no part in the selection process. However, in accordance with the original Nolan recommendations, there is a requirement for appointees’ political activity (if any declared) to be made public. David Woodward has confirmed that he has not engaged in any political activity in the last five years.