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Evening Standard
Evening Standard
Holly Williams

Czech billionaire Kretinsky named chairman of Royal Mail after takeover

Czech billionaire Daniel Kretinsky is to become chairman of Royal Mail after completing the £3.6 billion takeover of the postal service. - (PA Wire)

Czech billionaire Daniel Kretinsky is to become chairman of Royal Mail after completing the £3.6 billion takeover of the postal service.

Mr Kretinsky’s EP Group said that, following the closure of the deal earlier this month, he would head up the board as chairman of both Royal Mail and its parent company International Distribution Services (IDS).

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