Angela Knight has announced her intention to step down as the chief executive officer (CEO) of the British Bankers’ Association (BBA) in the summer. She said she will be staying on while the search for her successor is concluded. A search for Knight’s successor is underway.
Knight has been at the BBA for five years and has, in that time, seen the organisation grow in strength and influence, providing representation and policy co-ordination for over two hundred member banks including the largest banks operating in the UK.
Knight said: “I have been at the BBA at a time of extraordinary difficulty and during a crisis of a magnitude that few if any have seen before or expected. The BBA has played a strong part throughout this challenging period and has helped the industry it represents with the significant changes to regulation and legislation required. The UK banking industry has already undergone radical restructuring to make it fit for the future and I am pleased to have played a part in this.”
Knight has been CEO of the BBA since 1 April 2007. Prior to the BBA she was, from September 1997 to December 2006, CEO of the Association of Private Client Investment Managers and Stockbrokers. From 1987 to 1992 she was Councillor and Chief Whip on Sheffield City Council. She entered Parliament in 1992 as Member of Parliament for Erewash and was Economic Secretary to the Treasury between 1995 and 1997.
Knight graduated from Bristol University with an honours degree in chemistry and subsequently worked for the American industrial gas company Air Products. She went on to set up and run a specialist contract heat treatment company treating precision engineering components – Cook & Knight Metallurgical Processors – and associated process plant manufacturing company. She is a non-executive director on the boards of Brewin Dolphin, Tullett Prebon and a board member of the Financial Skills Partnership.
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