Luke Jensen has been appointed as the Chair of the National Savings and Investments Board.
The Minister for Pensions announced today (4 November 2026) that Luke Jensen has been appointed as the Chair to the National Savings and Investments (NS&I) Board, following a fair and open competition run by HM Treasury.
Luke’s three-year term began on 2 November 2026. Luke has sat on the NS&I Board since 1 April 2024 and was Interim Chair following Lord Gerard Lemos CMG CBE stepping down as Chair in July 2025, following his appointment to the Whip’s Office within the House of Lords. Luke brings a wealth of experience to the role from his senior executive and non-executive career across a range of retail and consumer-focused environments. Luke is currently a non-executive director for the Co-operative Group and a Senior Advisor to the Board at Eat Happy Hana Group.
I am pleased to appoint Luke Jensen as Chair of the NS&I Board, strengthening the organisation’s leadership and oversight. Luke will continue to support NS&I in providing cost-effective finance for the Government, progressing its remediation scheme following its recent bereavement claims issue, and driving forward its transformation programme.
NS&I Interim Chief Executive, Sir Jim Harra, said:
I welcome Luke Jensen’s appointment as NS&I’s new Chair. He has the experience and leadership to ensure that NS&I remains a vital source of government funding and a key part of the UK savings market.