POL00448775 - Strengthening the influence of postmasters in POL_Postmaster oversight committee slide (Calum Greenhow NFSP)

Evidence on official site

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POL00448775

Calum Greenhow
NFSP

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ay,
“ Oversight Committee

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POL00448775

Background

Postal Services Bill 2011
Sell off of Royal Mail

Introduction of Network Transformation

Additional Government work
Mutualisation of the Post Office

www.nfsp.org.uk UK's post offices
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POL00448775

( a Mutualisation
This has been the goal of the

NFSP since 2010

Difficulties in raising capital for
development and investment

Post Office have liabilities of
around £800m

NW\ > c The voice of the
www.nfsp.org
www.nfsp.org.uk UK's post offices
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fm So Why Are The NFSP Suggesting an Oversight Committee

Does not

Change in No issue for
change the : :
governance of ownership of ongoing capital
the PO PO investment

The voice of the )

www.nfsp.org.uk UK's post offices
POL00448775
POL00448775

What would an Oversight Committee bring?

Due diligence takes place before key decisions are made

Policies and strategies are being implemented as intended

Key risks are being identified, monitored and mitigated

Business process are and systems are being achieved

Value for money is obtained

Activities comply with policies, laws, regulations and ethical standards

Developing areas of concern are being dealt with

Assets are being safeguarded

Continuous improvement is taking place nfsp
The voice of the

www.nfsp.org.uk UK's post offices

(OS

«7 Oversight Committee Structure

Citizens Advice

NFSP

cWU

Unite

OVERSIGHT
COMMITTEE

Temporary role

www.nfsp.org.uk

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The voice of the )

UK's post offices
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Prime Minister

Postal Minister

Oversight
Committee
Hierarchy

nsp

The voice of the
www.nfsp.org.uk UK's post offices
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ale
is) Next Steps

Discuss with Postal Affairs Minister

Discuss with DBT officials

Discuss with Post Office

Open up to members via Branch & Regional network

Impliment

The voice of the )

www.nfsp.org.uk UK's post offices