TECH NEWS

NS&I dangles £220K salary for CEO willing to straighten out £3B IT mess

PUBLIC SECTOR

Comes with a corner office, government scrutiny, and the 'full-spectrum disaster' known as Project Rainbow

National Savings & Investments (NS&I) is looking for a new chief executive to take charge of the state-backed savings institution as it attempts to steer a troubled £3 billion digital transformation program back on course.

The government-owned bank has launched a search for a permanent successor to former chief executive Dax Harkins, who left earlier this year amid a scandal involving hundreds of millions of pounds in unclaimed funds owed to the estates of deceased customers. Whoever takes the job will get a salary of up to £220,000, a troubled digital transformation program, and what could be described as a challenging in-tray.

While the recruitment notice highlights NS&I's 164-year history and its 24 million customers, it also acknowledges that the organization is wrestling with problems that extend well beyond attracting deposits.

"Whilst NS&I...

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The 23 Best Amazon Prime Day Deals Under $30 We've Found (2026)

I&rsquo;ve spent years testing headphones and headsets &mdash; if you&rsquo;re looking for the absolute best gaming audio upgrade you can buy this Prime Day, these are the features you need to consider

The PS5 homepage, PS Store, and PS App have all been updated with a new GTA 6 UI as pre-orders begin

Everpure Accelerate 2026 - Sanofi and UGI take different approaches to making enterprise data work

I’ve spent years testing headphones and headsets — if you’re looking for the absolute best gaming audio upgrade you can buy this Prime Day, these are the features you need to consider