HM Treasury has confirmed that Lord Gerard Lemos CMG CBE will be stepping down from his role as National Savings and Investments (NS&I) chair of the board with immediate effect.

Lord Lemos has been a member of the House of Lords since January 2025. Previously, he was appointed chair of the NS&I Advisory Board, a position he held from 1 April 2024, for a three-year term. However, he will step down with immediate effect to take up an appointment in the Whip's Office within the House of Lords. Non-executive appointments to NS&I's board, including the chair, are regulated by the Office of the Commissioner for Public Appointments. The process for identifying an interim chair will follow the Governance Code for Public Appointments, and HM Treasury will seek to confirm the interim chair as soon as possible.

Robeco has appointed Anton Eser as chief investment officer.

Eser will succeed Mark van der Kroft, who will retire on 1 October 2025, and has served as CIO at Robeco since 2020. Eser brings over 25 years of experience in global financial markets, having spent 13 years at Legal & General Investment Management (LGIM), where he was appointed CIO in 2016. Since 2021, Eser has served as CIO at 10X Investments, a fast-growing fintech firm specialising in multi-asset solutions for the South African market. Robeco chief executive officer, Karin van Baardwijk, said he would bring "a wealth of global experience and a proven track record in leading diverse investment strategies." She added: "His deep expertise aligns seamlessly with our strategic ambitions. We are excited about the fresh perspectives he will contribute to our investment platform and are confident he will play a key role in driving our continued growth."

Gary Crowe has been appointed as the new non-executive director of the Government's Actuary Department.

He currently serves as chair of the audit and risk assurance committee for the Human Tissue Authority, the local chair for the Dudley Group NHS Foundation Trust and vice-chair of University Hospitals of North Midlands NHS Trust. He will be appointed for a 3-year term, starting on 1 August, as a non-executive director to the government's actuary department. Crowe will replace Ian Wilson, whose term on the board is set to expire later this year. Board chair and non-executive director, Les Philpott, said: "I am delighted at Gary's appointment to our board. Gary brings exceptional breadth and depth of experience, having served on two NHS Trust boards as well as holding senior roles across consultancy, financial services, and commercial, retail and private banking. His background spans both public and private sectors, and he has led digital transformation in complex, highly regulated environments, always underpinned by robust governance, financial, and risk management expertise.

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