- Royal Mail said the head of its UK post and parcels business Sue Whalley was standing down.

Whalley would leave the board with immediate effect and transition her responsibilities up the end of March.

Chief executive Rico Back would assume commercial responsibilities for the division alongside his existing duties.

Operational responsibilities would be be taken on by chief financial officer Stuart Simpson.

Royal Mail also announced that existing director Keith Williams had been appointed as deputy chairman.

At 9:57am: [LON:RMG] Royal Mail Plc share price was +7.15p at 360.15p

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