Royal Mail general counsel Neil Harnby has navigated a controversial IPO, negotiated an agreement with the industry’s union and made the legal team central to Royal Mail’s decision-making, and led a major shake up of its external advisers.
In this week’s in-house interview Harnby reveals the complexity of the £3.3bn IPO , which was the biggest privatisation for years, and gives an insight into the lesser-known risk profile of business.
“We do tens of thousands of miles a day and we have a significant number of injuries,” he says, before explaining that one of the biggest dangers to Royal Mail employees is dog attack.
Harnby expanded the panel to 15 firms in a comprehensive review of the external advisers last year, dropping Bond Dickinson in the process. “There had been a lot of leakage of legal fees and that’s now centralised,” he says of the pre-review set up.
Clearly this is one GC who has stamped his mark on the role.
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