Ian Duncan new FD at Royal Mail
Ian Duncan, Chief Financial Officer and Senior Vice President of the nuclear technology company, Westinghouse, has been appointed Group Finance Director of Royal Mail.
Reporting to Group Chief Executive Adam Crozier, Mr Duncan will be a member of Royal Mail’s Board with Group-wide responsibility for Royal Mail’s financial performance. He takes up his new position on 1 September.
Mr Crozier said: "I am delighted Ian is joining Royal Mail. He has a proven track record in strong financial management combined with leadership skills to enhance company performance."
Mr Duncan said: "I’m looking forward very much to joining Royal Mail as it tackles the enormous challenges of modernising the company to ensure it competes successfully in a mail market now open to full competition."
Ian Duncan (45) spent three years as an auditor with the chartered accountants, Deloitte and Touche, on graduating from Oxford University. He worked in corporate finance and mergers and acquisitions at the investment bankers, Dresdner Kleinwort Wasserstein and Lloyds Merchant Bank, before joining British Nuclear Fuels plc as Corporate Finance Director. He led the negotiations by BNFL to acquire Westinghouse Electric Company, which he joined as Chief Financial Officer in 1999.