Former chief executive of Virgin Money Jayne-Anne Gadhia has been recognised in the New Year’s Honours list for services to the financial services sector and women in the finance profession.
She is one of nine women – including 1960s’ model Twiggy, Crown Estate chief executive Alison Nimmo and entrepreneur and philanthropist Ann Gloag – to become a dame commander of the Order of the British Empire in the first round of the twice-yearly awards.
Gadhia joined Virgin Money in 2007 as chief executive and led the bank until October 2018 when it was sold to CYBG in a £1.7bn deal. Last year, Gadhia was given Outstanding Contribution to the Credit Industry at the Credit Awards.
Tweeting after the honours, Gadhia said: “Feeling humble to be part of New Year’s Honours. Thank you to everyone at Virgin Money, the 300 firms who have signed the Women in Finance Charter and all my friends and family.”
Alongside her damehood, Gadhia has been appointed as an external members of the Bank of England’s Financial Policy Committee. Dame Colette Bowe – current chair of the Banking Standards Board and trustee of the IFRS foundation – has also been appointed.
Governor of the Bank of England, Mark Carney said: “I am delighted to welcome the appointment of Colette and Jayne-Anne to the Financial Policy Committee.
“Jayne-Anne brings deep and relevant experience in retail banking and her successful business career. In her public policy she has championed the transformative impact of adopting new technologies and of greater diversity within the workforce of the financial services industry. We also greatly look forward to her contributions to the work of the committee.”