Every working day, almost 10,000 An Post, urban, rural, full-time and part-time staff:
- collect, process and deliver 2.5 million items of mail
- to 2.2 million business and residential addresses
- using a road fleet of over 2,600 vehicles and 1,600 bicycles
- and serve 1.7 million customers every week through our unique national network
- of 1,100 Post Offices and 121 postal agents
- and that’s in addition to the PostPoint payment channel at retail outlets nationwide.
An Post is a major commercial organisation providing a wide range of services which encompass postal, distribution and financial services. It is one of Ireland's largest companies directly employing over 9,600 people through its national network of retail, processing and delivery points. It provides agency services for Government Departments, the National Treasury Management Agency, the National Lottery and many other commercial bodies.
The company is a designated activity company, incorporated under the Companies Act, 2014.
One ordinary share is held by the Minister for Public Expenditure and Reform and the remainder of the issued share capital is held by the Minister for Communications, Climate Action and Environment.
Details of the activities carried on by subsidiary, associated and joint venture undertakings, are given in note 22 of the financial statements.
Details of the results for the year are set out in the consolidated profit and loss account and in the financial statements.
Maintaining high standards of corporate governance continues to be a priority for the directors of An Post. The Department of Public Expenditure and Reform's Code of Practice for the Governance of State Bodies is the foundations on which their corporate governance policy is based.
The directors are accountable to the shareholders for good corporate governance, and the Annual Report addresses how the Code of Practice for the Governance of has been applied within An Post.
Codes of Conduct
Employees and directors of the An Post Group operate to very high standards of fairness, transparency and honesty. The Irish Post Office has a particularly long record of loyal and useful service to the public. This record has been built on the personal integrity and trustworthiness of its employees over many years. The Codes of Conduct for Directors and Employees formally set out the standards of behaviour, transparency and honesty expected of Directors and Employees of the An Post Group.
Composition of the Board of Directors
All directors are appointed to the Board by the Minister for Communications, Climate Action and Environment and their conditions of appointment and fees are set out in writing. Employee directors are elected in accordance with the Worker Participation (State Enterprises) Acts, 1977 to 1993 for a term of four years. The postmaster director is elected in accordance with section 81 of the Postal and Telecommunications Services Act, 1983 for a term of three years. All other directors are appointed for a fixed term, usually five years.
Bibliography of The Board and Executive