History of the Chartered Banker Institute

Founded

1875

Founded

We are founded in July 1875, with the aim of improving the qualifications of those engaged in banking and improve their status and influence. Andrew William Kerr is appointed the first secretary. Annual Reports from 1876 may be viewed on application to the Institute.

The Scottish Banker magazine is launched

1909

The Scottish Banker magazine is launched

The Scottish Banker magazine is launched, now known as Chartered Banker magazine.

We celebrate our first 50 years

1925

We celebrate our first 50 years

We celebrate our first fifty years by reflecting on the similar assistance we have given to similar bodies overseas, many of which were established on similar lines, including Argentina, Australia, Canada, Hungary, India and South Africa.

HM the Queen grants the Institute a Royal Charter

1975

HM the Queen grants the Institute a Royal Charter

HM the Queen, on the advice of the Privy Council, grants a Royal Charter to us, to mark our contribution to banking education and continuing professional expertise.

Young Banker Launched

1988

Young Banker Launched

The Young Banker of the Year competition is established.

Continuing Professional Development is introduced

1995

Continuing Professional Development is introduced

The first (voluntary) Continuing Professional Development (CPD) requirements are introduced. They are now mandatory for most categories of member.

Granted the right to award Chartered Banker

2000

Granted the right to award Chartered Banker

The Privy council grants the Institute the unique right to award "Chartered Banker" status to suitably qualified members. The Institute publishes its first "Professional Ethics" textbook, the first to be published by a Professional body in the banking and finance sector.

The FEP is established

2001

The FEP is established

The Banking Education Partnership (now the Financial Education Partnership) is established to offer education to school children provided by our volunteer members - one of the first programmes in the U.K. By 2012, the Financial Partnership was delivering more than 800 workshops to more than 30,000 school children, all free of charge.

CB:PSB is launched

2011

CB:PSB is launched

Responding to calls for increased professionalism following the UK banking crisis, we launch the Chartered Banker Professional Standards Board (CB:PSB) initially with 9 of the UK's major banks covering some 75% of the UK banking workforce. The CB:PSB develops the first Code of Conduct for UK bankers, and commences work on developing detailed professional standards. These standards will set out the knowledge, skills attitudes and behaviours expected of all bankers.

Accredited Body Status Granted

2012

Accredited Body Status Granted

We are accorded Accredited Body status by the UK Financial Services Authority (FSA). International interest in aligning to the values of Chartered Banker grows, as the Chartered Banker programme is launched in Asia with the support of the Institute of Bankers in Malaysia.

Membership Reaches 30,000

2016

Membership Reaches 30,000

Membership of the Chartered Banker Institute reaches 30,000

Established the 2025 Foundation

2017

Established the 2025 Foundation

The 2025 Foundation aims to identify and support talented young people who would benefit from financial and other support to start to pursue a career in banking.

Chartered Body Alliance Launched

2017

Chartered Body Alliance Launched

Recognising our primary duty to the public of enhancing and sustaining professionalism in financial services, we launched the Chartered Body Alliance with the Chartered Insurance Institute and the Chartered Institute for Securities & Investment.