CB:PSB Founding Chairman Recognised in New Year Honours List

• 9 January 2018
• News | Professionalism and Ethics | Regulation & Compliance

Lady Susan Rice CBE is made a Dame of the British Empire (DBE)

The Chartered Banker Institute is delighted to congratulate Lady Susan Rice CBE, founding Chairman of the Chartered Banker: Professional Standards Board (CB:PSB), on being made a Dame of the British Empire (DBE) in the recent New Year’s Honours list. Dame Susan received the award for services to Business, the Arts and Charity; Institute members will be well aware of the very significant contribution she has made – and continues to make - to all three sectors throughout her career.
 
Dame Susan is a Fellow of the Chartered Banker Institute, a member of the Institute’s Council, and was the first woman to head a UK clearing bank as Chief Executive of Lloyds TSB Scotland plc. In 2010, she led the establishment of the CB:PSB, which has successfully developed and overseen the implementation of the first set of industry-wide professional standards for bankers.  
 
Susan is also currently Chairman of Scottish Water, and the Scottish Fiscal Commission. She is a senior independent director of J Sainsbury plc, a non-executive director of the North American Income Trust, Big Society Capital, the Banking Standards Board, a lay member of Edinburgh University’s Court, and was previously a non-executive of SSE plc and the Bank of England, as well as being a founding director of several social finance organisations.  She also chairs the Patrons' Governors of the National Galleries of Scotland and previously chaired the Edinburgh International Book Festival and the Festivals Forum. 
 
She has received honorary degrees from a number of Scottish universities, is a Regent of the Royal College of Surgeons of Edinburgh and a Fellow of the RSA and of the Royal Society of Edinburgh. 
 
Susan said: “I hope my career illustrates the holistic relationship between business, our culture and the arts. To be appointed a DBE by Her Majesty is a source of great pride for me and my family. I trust it also salutes the many people I’ve worked with who also value the inherent link between business and society.”
 
Simon Thompson, Chief Executive of the Chartered Banker Institute commented: “Dame Susan is a wonderful role-model for all who believe, as we do at the Chartered Banker Institute, that business, the arts and charity can all work together to build communities that benefit everyone in society.  On behalf of all members of the Chartered Banker Institute, I would like to congratulate Susan on this well-deserved award, which is fitting recognition for her contribution to so many areas of economic, cultural and public life over several decades – a contribution we have greatly benefitted from at the Institute too.”