Nick is on long term sick leave recovering from a stroke he suffered in March 2013.
This left him with weakness on his right side and communication difficulties related to speech. Since then he has been working hard to recover and has made a number of appearances at IFP events.
He will take part in the 100 mile CARTEN bike ride from Cardiff to Tenby to raise £5,000 for the Stroke Association.
He said: "I know many of you will be thinking I'm mad and as you know I wasn't a cyclist before my stroke I but feel this will be a personal challenge.
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"I am cycling on my own bike and I am part of a team of 10 others with disabilities of varying degrees. Some are cycling on tandems, others using hand bikes."
He will be cycling with others who have had strokes or other disabilities.
The race takes place on Saturday, 9 May, and is about 100 miles and hilly.
Nick said: "I am hoping for an Easterly breeze so I will get pushed along. This isn't easy and I whilst I have been training in the gym it is different riding a bike on the road.
"Changing gears with my right hand is a problem so I am hoping to have the bike adapted and I also find I lean to the right as I have a weakness there."
He added: "I am raising money for The Stroke Association Wales – you can support me and others like me with strokes via the link below. Thanks for your continued support."
His wife Jo will be his support rider there to encourage him to keep going.
She said: "This is a really tough challenge but Nick is determined to give it his best shot."
IFP communications director Sue Whitbread said: "Nick, as we all know, is a man of many talents, however, unlike his wife Jo, Nick is not exactly well known for his cycling prowess. So from all of us at the IFP we say well done to Nick for attempting this huge challenge for such a great cause. You are an inspiration to us all and we hope you smash your fund raising target."