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How the Queen had honoured leading lights in finance

How the Queen had honoured leading lights in finance
HM The Queen. (Photo by Reuters/Eddie Mulholland)

HM Majesty Queen Elizabeth II, who died yesterday (8 September) had recognised a number of individuals within the financial services industry over the past 10 years.

Honours are decided and announced by the Cabinet Office twice a year: at New Year and on the Queen's official birthday in June.

They are then presented to recipients by members of the Royal Family throughout the year at ceremonies known as investitures.

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From prestigious awards such as a CBE for former Financial Conduct Authority boss Christopher Woolard, to a knighthood for former pensions minister Steve Webb, Her Majesty the Queen and members of the royal family have given gongs to many in our industry.

Some of the well-known individuals to have received awards include Hermes Investment Management chief executive officer Saker Nusseibeh who was given a CBE, and Charles Stanley chief global strategist John Redwood, who was knighted.

The former chief executive of the National Employment Savings Trust Tim Jones was also named on the New Year Honours list for 2016 for his services to the pensions industry and pension provision, while current Nest chief executive Helen Dean is also an OBE.

Dame Linda Homer who was chief executive for HM Revenue and Customs was also invested at Buckingham Palace.

Moving further back, in 2009, Sir Sandy Crombie, former chief executive of Standard Life, received a knighthood for services to the insurance industry and was pleased to receive it from the Queen herself.

Crombie told FTAdviser: “Apart from receiving the knighthood from the Queen at Holyrood and a few times in a receiving line, none of which will mean too much to anyone else, my main memory of the Queen was when she came for the official opening of Standard Life’s new offices in Tanfield in Edinburgh in 1992. 

“It was a very wet day and the Queen’s expression on arrival seemed to reflect both the weather and the fact that she was faced by yet another line of men in suits.”

He added: “Her expression, and I guess her mood, seemed to change dramatically for the better when she was presented with a bouquet of flowers, along with the explanation that the flowers had been chosen to represent the various countries in which Standard Life did business - Scotland, England, Ireland, Wales and Canada. 

“It was a small thing, but she was animated in conversation and obviously appreciated it and I have to say she went on to make all of the staff she met feel very proud and very privileged to have had time with her.”

FTAdviser has combined the below list to outline some of the individuals recognised by the Queen across the industry in the past ten years.