Nationwide CEO makes New Year Honours list

Graham Beale Nationwide 2015

Nationwide chief executive Graham Beale and former Monetary Policy Committee member David Miles are among the financial services names recognised in this year’s New Year Honours list.

Beale, who had been Nationwide’s chief since 2007, has been handed a CBE for his services to the financial services sector.

Miles had two terms on the Bank of England’s rate-setting committee, the second of which ended in August last year. He has been awarded a CBE for his services to monetary policy.

Resolution founder Clive Cowdery has been awarded a knighthood for his services to children and social mobility for his work through the Resolution Foundation. Cowdery set up the insurance sector consolidation vehicle which acquired Friends Provident, Axa’s UK life and pensions business and Bupa. Friends Provident and the Axa businesses were merged to create Friends Life, which subsequently merged with Aviva last year.

HM Revenue & Customs chief executive Lin Homer has also been made a dame for public service, particularly in relation to public finance.