Directors' Information and CV's

Sir Iain Vallance Sir Iain joined the Post Office in 1966. Appointed a director of the company in 1984, he served as Chief Executive from 1986 until December 1995 and has been Chairman since 1987. Sir Iain is non-executive vice chairman of the Royal Bank of Scotland and also chairman of the Princess Royal Trust for Carers. Aged 53.

Sir Peter Bonfield Sir Peter was appointed to the Board on 1 January 1996 as Chief Executive. He is a director of BT’s associated company, MCI Communications Corporation. Sir Peter is a Fellow of the Royal Academy of Engineering and the Institution of Electrical Engineers. From 1981 to 1995, he worked for ICL, most recently as chairman and chief executive. Sir Peter is currently non-executive chairman of ICL and a non-executive director of Zeneca. Aged 51.

Sir Colin Marshall Sir Colin was appointed a director on 1 April 1995 and became Deputy Chairman in January 1996. He ceased to be chairman and chief executive of British Airways at the end of 1995, but remains non-executive chairman. Sir Colin is also non-executive chairman of Inchcape, a non-executive director of HSBC Holdings, the New York Stock Exchange and Qantas Airways and president of the Confederation of British Industry. Aged 62.

Robert Brace Mr Brace joined the company in 1989 and was appointed to the Board in 1993 as Group Finance Director. A career-long finance professional, he started with Peat Marwick Mitchell (KPMG) in 1971 and subsequently held senior finance roles with Unipart and Black & Decker. Mr Brace chairs BT’s Welsh Advisory Forum. Aged 46.