Nick Read has been appointed as Group Chief Executive of the Post Office.
He joined Nisa in 2015 with a remit to stabilise its finances, before stepping down at the end of 2017 and becoming CEO of Extra Energy.
Read’s 25-year career has also included senior roles at Tesco, Thomas Cook, Vodafone, HBOS and Lloyds Banking Group.
Post Office Chairman Tim Parker said: “Nick brings to the Post Office a wealth of experience from a range of sectors, including convenience retail, banking, and travel, with a strong track record of commercial success and a reputation for always putting customers first.
“I look forward to working with Nick as we drive the Post Office towards a bright and sustainable future, ever better for customers, easier for postmasters and a stronger more resilient business.”
Read added: “It is a privilege to have the opportunity to lead the business towards a sustainable future, meeting the commercial challenges of a rapidly changing world while at the same time cementing and enhancing the important role Post Offices play in the communities they serve.”
Read will join the group in September, replacing Paula Vennells, who announced earlier this year that she would step down after seven years in the job.
