Walker and Powell lead City names on New Year's Honours list

Simon Walker, director general of the Institute of Directors (IoD), speaks during the the Annual Convention 2016 at the Royal Albert Hall in London, U.K., on Tuesday, Sept. 27, 2016

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Simon Walker

Simon Walker, who was Communications Secretary to the Queen before going on to become chief executive of the British Private Equity and Venture Capital Association in 2007, was appointed director-general of the Institute of Directors in 2011. His term of office expires at the end of 2016.

He becomes a Commander of the British Empire (CBE) for “services to business and the economy”.

Ian Powell, who stepped down as UK senior partner and chairman of PwC in June after eight years, joined the board of outsourcing group Capita in September, and will become its next chairman on January 1. He has been made a Knight Bachelor for “services to professional services and voluntary service”.

Ronald Emerson, who was head of corporate and institutional banking at Standard Chartered, as well as UK and European chief executive, between 1991 and 1996, took over as the chairman of the UK government’s British Business Bank in 2013, with a term that expires at the end of 2016.

He has also been a senior adviser to the Bank of England and the Financial Services Authority, the forerunner to the FCA. He has received a CBE for “services to international banking and the financing of small and medium-sized enterprises”.

The “Big Four” audit firms did particularly well in the Honours list. Besides Powell, Hugo Walkinshaw, a partner at EY in Singapore, Raymond Breden, a director of taxation services for Romania at KPMG, and Roger Cooke, a senior adviser at EY, were honoured.

Walkinshaw is a former president of the British Chambers of Commerce in Singapore, and was made an Officer of the Order of the British Empire (OBE) for “services to British business in Singapore and to UK exports”.

Similary, Breden is a former chairman of the British Romanian Chamber of Commerce, and has been made a Member of the Order of the British Empire (MBE) for “services to British industry”.

Cooke, a former president of the British Chamber of Commerce in Spain, was also made an MBE for “services to British businesses in Spain”.

Elsewhere in finance, Ian Mattioli and Robert Woods, the co-founders of Leicester-based wealth manager Mattioli Woods, were both given MBEs for “services to business and the community in Leicestershire”.

Danny Rimer, a partner at venture capital firm Index Ventures and a board member at Maggie’s Cancer Caring Centres, was awarded an OBE for “services to business and charity”.

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