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Post Office Unveils Independent Process for Appointment of two Postmasters as Board Directors

Post Office Unveils Independent Process for Appointment of two Postmasters as Board Directors

Applications open today (Monday 4 January) for two serving Postmasters to join the Board of Post Office as Non-Executive Directors. The Post Office state that the decision will ensure that the experience and interests of 8,000 Postmasters are directly reflected in the decisions of the Post Office’s main Board.

To reinforce the Post Office’s commitment to ensuring Postmasters’ voices are well represented at Board level, the Board and Shareholders have made the decision to increase the number of serving Postmaster Non-Executive Director (NED) roles to two. This will further strengthen the Non-Executive Directors’ input on all issues as they help shape the future direction of the Post Office.

Key to the success of these appointments is the governance put in place to ensure a transparent and independent selection process. An independent committee comprising leading industry figures including James Lowman, CEO, Association of Convenience Stores; Shirine Khoury-Haq, CFO at the Co-op Group; and Jean Church MBE, Council Member at the Institute of Directors has been appointed.

Applications will be open for four weeks and require interested serving postmasters to submit a CV and a short personal statement. Postmasters will need to have a minimum three years’ experience to apply. They will also need to demonstrate evidence of strong customer service and operational conformance.

Ahead of the election there will be the opportunity for postmasters [and multiple partners] to learn more about the shortlisted candidates, with an option to vote online or request a postal ballot. The Post Office will announce further details over the coming weeks. 

The two candidates with the most votes will then be recommended to the Board and to the Secretary of State for Business, Energy and Industrial Strategy for final approval. The successful Postmaster NEDs will join the Board in April 2021, at the start of the new financial year for Post Office. 

Nick Read, Chief Executive of the Post Office, said: “Having two serving Postmasters on our Board sends the clearest signal yet of our determination to ensure Postmasters really are at the heart of our business, and this election is another vital milestone in resetting our relationship with Postmasters. The transparent and independent selection process, led by external industry experts, will ensure the Board is able to benefit from the counsel and input of the most suitable candidates.”

“To sit on the Board of any company carries great responsibility, a responsibility I know our Postmasters will be well placed to fulfil. I have been encouraged by the interest from Postmasters in applying and look forward to working with our two new Non-Executive Directors in March.”

This entry was posted by Chloe on Mon, 04/01/2021 - 10:19
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