Chris Hulatt, co-founder of the Octopus Group, was awarded a CBE for services to entrepreneurship in The King’s Birthday Honours List.
Mr Hulatt co-founded Octopus Investments in 2000 and is now responsible for expanding the Octopus Group, particularly among institutional investors.
He is also on the investment committees of several Octopus funds. Before founding Octopus in 2000, he led a global equity research team at Mercury Asset Management.
In other awards, Patrick Heath-Lay, chief executive of People’s Partnership, was awarded a CBE for services to the pensions industry.
The People’s Partnership provides The People’s Pension workplace scheme which serves more than 7m customers and claims to be the UK’s largest private Master Trust. Mr Heath-Lay, who has been CEO for 13 years, said: "I am passionate about creating a pension system that is fairer, more inclusive, and sustainable, while never losing sight of the responsibility that comes with safeguarding members’ money and long term futures."
In other pension-related honours, Alastair King was handed a Knighthood for services to pensions reform, the promotion of international business, and voluntary and charitable service.
The former Lord Mayor of the City of London drove the Mansion House Accord that secured a £100bn commitment to private market investment from UK pension providers. Jointly led by the Association of British Insurers (ABI), the Pensions and Lifetime Savings Association (PLSA) and the City of London Corporation, the Accord offers investment support for UK businesses as well as driving funds into major infrastructure projects and clean energy developments. Total pension assets currently in scope amount to £252bn.
Sir Alastair King, said: “I have been proud to champion the UK’s financial, professional services, legal and maritime sector at home and abroad, helping to strengthen our global competitiveness and promote long-term investment through initiatives such as the Mansion House Accord.”
He said his honour “reflects the collective efforts of many individuals and organisations committed to driving positive change, from improving pension outcomes for savers to supporting our Armed Forces and widening opportunity to all no matter their background.”
Nigel Terrington, chief executive of Paragon Banking Group, was given a CBE for services to the financial services industry. He said: “I am proud and honoured to have been awarded a CBE in the King’s Birthday Honours. It is not something that I was expecting, so to receive the news was genuinely surprising and humbling.”
Diana Brightmore-Armour, chief executive of private bank C Hoare & Co, was given a CBE for services to women and diversity in financial services.
Jane Fraser, the Scottish chief executive and chair of Citigroup was made a Dame for services to the financial sector. She was the first woman ever to run a major Wall Street bank.
David Fishwick, the community banker whose fight to launch Burnley Savings and Loans inspired the hit film Bank of Dave received an OBE for services to finance, business and charity.