New Year Honours: City Leaders Recognised for Services to Business

    Photo via Time Out

    The Square Mile has endured a rough year, and as the year comes to a close, business leaders have been recognised because of their work to promote the industry of the United Kingdom through a time of immense change.

    Knighthoods have been given to former Lord Mayor of London Andrew Parmley, City grandee Anthony Habgood, and Business leader Ken Olisa. On the other hand, a managing partner at McKinsey, Vivian Hunt, has been made a dame.

    Olisa established Restoration Partners, a merchant bank, and was appointed as the Lord Lieutenant of London in 2015 by Queen Elizabeth II. He is also actively participating in the charity sector. Olisa has been honoured today because of his contributions to both philanthropy and business.

    Parmley ended his term as Lord Mayor in 2016, handing over the said post to Charles Bowman. 25 years ago, Parmley was initially elected as a member of the City of London Corporation, and during his time as the Lord Mayor, he worked to make sure that the government gave the Square Mile and businesses a transition period when the United Kingdom leaves the European Union.

    Habgood is currently the chair of the Court of the Bank of England, the governing body of the central bank, and is the chairman of Relx. He has been the chief executive of Bunzl and was also a former chairman of Whitbread. Today, the City boss has been rewarded because of his services to UK industry.

    Hunt is the managing partner for the United Kingdom and Ireland at McKinsey. She has been a strong advocate for diversity at the company, and he has been identified as a possible contender to lead the consultancy giant. She is also said to be a civic leader, sitting on the advisory council of the Tate Modern and the Southbank Centre, Teach First’s business leaders council, and she also sits on the business advisory board of the mayor of London.

    John Nelson, the former chairman of Lloyd’s of London, has been made CBE. This year, the former investment banker resigned after six years in the prestigious position. He has been recognised today for promoting diversity in the workplace and the role of UK business around the world.

    In the list, the tech sector was well-represented with the co-founder of DeepMind, Demis Hassabis, receiving a CBE. He established the London-based artificial intelligence company in 2011. In 2014, he sold the AI company to Google for a reported £400m in 2014.

    The president of the representative organisation for the sector called the techUK, Jacqueline de Rojas, has been made a CBE. She is also said to be a non-executive director at Rightmove.

    The general partner at London venture capital firm Balderton Capital, Suranga Chandratillake, has been made an OBE because of his services to technology and engineering. He was previously an executive at Autonomy and established Blinkx, a spin-off video company.