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High-profile figures in business and finance named in the honours list High-profile figures in business and finance named in the honours list
(4 days later)
The deputy governor of the Bank of England, Nemat Shafik, is one of a handful of high-profile figures from the financial and business world to be named in the Queen’s birthday honours list.The deputy governor of the Bank of England, Nemat Shafik, is one of a handful of high-profile figures from the financial and business world to be named in the Queen’s birthday honours list.
Shafik, who is widely known by her nickname Minouche, has shot to prominence in the UK since her appointment last year when she was given a newly created role to oversee markets and banks.Shafik, who is widely known by her nickname Minouche, has shot to prominence in the UK since her appointment last year when she was given a newly created role to oversee markets and banks.
The economist is made a dame of the British Empire (DBE) for her work in her previous role as deputy managing director at the International Monetary Fund and for services to public administration and the global economy.The economist is made a dame of the British Empire (DBE) for her work in her previous role as deputy managing director at the International Monetary Fund and for services to public administration and the global economy.
Born in Alexandria, Egypt in 1962, Shafik’s family left the country not long afterwards having lost their wealth during a spate of nationalisations. She is now a British and US national.Born in Alexandria, Egypt in 1962, Shafik’s family left the country not long afterwards having lost their wealth during a spate of nationalisations. She is now a British and US national.
The founder of the online fundraising service Justgiving, Zarine Kharas, is also named as a DBE. In 2009, she received an award from the RSA for “democratising fundraising and technology for charities”.The founder of the online fundraising service Justgiving, Zarine Kharas, is also named as a DBE. In 2009, she received an award from the RSA for “democratising fundraising and technology for charities”.
Adrian White, founder of Biwater engineering company, is knighted for services to international trade and development.Adrian White, founder of Biwater engineering company, is knighted for services to international trade and development.
People working in industry and in the economy make up 10% of the 1,163 individuals named.People working in industry and in the economy make up 10% of the 1,163 individuals named.
An individual closely involved in the finance sector, Robin Budenberg, is also honoured. Budenberg was one of the architects of the bailout of the banking system in 2008 when he was at the Swiss bank UBS. He went on to run UK Financial Investments, the body set up to look after the stakes in the banks that were rescued with taxpayer cash. He left last year and receives his OBE for services to taxpayers and the economy – becoming one of a clutch of bankers to receive awards since the banking crisis. An individual closely involved in the finance sector, Robin Budenberg, is also honoured. Budenberg was one of the architects of the bailout of the banking system in 2008 when he was at the Swiss bank UBS. He went on to run UK Financial Investments, the body set up to look after the stakes in the banks that were rescued with taxpayer cash. He left last year and receives his CBE for services to taxpayers and the economy – becoming one of a clutch of bankers to receive awards since the banking crisis.
Sara Weller, who was a senior executive at Sainsbury’s and then went on to run Argos, is honoured for her public service. She is now chair of the planning inspectorate board, which deals with planning applications, and receives an OBE.Sara Weller, who was a senior executive at Sainsbury’s and then went on to run Argos, is honoured for her public service. She is now chair of the planning inspectorate board, which deals with planning applications, and receives an OBE.
Judith Batchelar, brand director of Sainsbury’s, is recognised for services to farming and the food industry, also with an OBE. The supermarket chain avoided the horsemeat scandal and has been involved in a campaign to donate surplus food to charities – any that is not fit for consumption goes to help create energy rather than to landfill sites.Judith Batchelar, brand director of Sainsbury’s, is recognised for services to farming and the food industry, also with an OBE. The supermarket chain avoided the horsemeat scandal and has been involved in a campaign to donate surplus food to charities – any that is not fit for consumption goes to help create energy rather than to landfill sites.
Carol Rosati, director at Harvey Nash and founder of Inspire, a global network for senior businesswomen, gets an OBE for services to women in business.Carol Rosati, director at Harvey Nash and founder of Inspire, a global network for senior businesswomen, gets an OBE for services to women in business.
Among others receiving OBEs is James Murray Wells, who founded the online prescription glasses business Glasses Direct.Among others receiving OBEs is James Murray Wells, who founded the online prescription glasses business Glasses Direct.
• This article was amended on 16 June 2015. Robin Budenberg has a CBE not an OBE, as an earlier version said.