Angela Knight Explained

Angela Knight
Honorific-Suffix:CBE
Office:Economic Secretary to the Treasury
Primeminister:John Major
Term Start:5 July 1995
Term End:2 May 1997
Predecessor:Anthony Nelson
Successor:Helen Liddell
Office1:Member of Parliament
for Erewash
Term Start1:9 April 1992
Term End1:8 April 1997
Predecessor1:Peter Rost
Successor1:Liz Blackman
Birth Date:31 October 1950
Birth Place:Sheffield, England
Birth Name:Angela Ann Knight
Nationality:British
Party:Conservative
Alma Mater:University of Bristol

Angela Ann Knight CBE (born Angela Ann Cook, 31 October 1950) is a British politician and official. She served as the chair of the Office of Tax Simplification until 18 March 2019. Prior to this, she was the Chief Executive of Energy UK, the trade association for the energy industry. Earlier, she was the Chief Executive of the British Bankers' Association and, before that, a Conservative Party Member of Parliament representing the constituency of Erewash from 1992 to 1997. She also served as Economic Secretary to the Treasury from 1995 to 1997.

Early life

Born in Sheffield, Knight went to the Penrhos College boarding school in Colwyn Bay, and Sheffield High School.[1]

She then went to the University of Bristol, gaining a BSc in Chemistry, and became an engineer working for Air Products, where she became a Product Development Manager for nitrogen. She went on to set up and serve as Chief Executive of Cook & Knight Metallurgical Processors Ltd, a specialist contract heat treatment company treating precision engineering components.

Political career

She served as a Conservative councillor on Sheffield City Council from 1987 to 1992. In April 1992 she was elected Member of Parliament for Erewash. She was Economic Secretary to the Treasury from 1995 to 1997. She lost her seat in Parliament to Liz Blackman of the Labour Party in 1997.

Later career

Knight became Chief Executive of APCIMS (the Association of Private Client Investment Managers and Stockbrokers) in September 1997. She stayed in this role until 2006. Knight was appointed as a Commander of the Most Excellent Order of the British Empire for services to the financial services industry in the 2007 New Year's honours list.[2]

In April 2007 she became the Chief Executive of the British Bankers' Association. Bloomberg reports that, in a December 2008 statement, she declared that Libor could be trusted as "a reliable benchmark".[3] After a verdict against the BBA at the High Court in April 2011, some BBA members criticized Knight's handling of the case and called for her to step down as Chief Executive.[4] On 1 April 2012 Knight resigned as chief executive of the BBA but said she would remain until a replacement was found. She stepped down in September of that year.

In May 2012 it was announced that Knight had been appointed chief executive of trade body Energy UK, effective the end of July.[5] She stepped down from this position in 2014 to focus on her non-executive portfolio career.[6]

As of 2021, Knight's portfolio of directorships includes Tullett Prebon,[7] [8] Provident Financial, Taylor Wimpey, Arbuthnot Latham & Co and Froggatt Trustee Ltd in the UK, Encore Capital Group in the US, and Astana Financial Services Authority in Kazakhstan. She is also an advisor to Goodacre UK and Oxera Consulting. She has previously served as a non-executive director of Brewin Dolphin, Office of Tax Simplification, Transport for London, Financial Skills Partnership, Scottish Widows, Logica, the Port of London Authority, Lloyds TSB and South East Water.[9]

External links

Notes and References

  1. News: Knight Fighter . The Guardian . 21 December 2002 . 16 May 2012 . Mark . Milner.
  2. News: New Year Honours . The Telegraph . 30 December 2006 . 16 May 2012.
  3. News: Libor Lies Revealed in Rigging of $300 Trillion Benchmark . Bloomberg . 28 January 2013 . 28 January 2013.
  4. News: BBA's Angela Knight faces calls to quit after PPI cave in . The Telegraph . Harry . Wilson . Richard . Fletcher . 10 May 2011 . 15 January 2012.
  5. Web site: BBA's Angela Knight to become chief of trade body Energy UK . 14 May 2012 . 16 May 2012 . Lauren . Davidson.
  6. Web site: Energy UK's Angela Knight announces her intention to step down Energy UK. 2021-03-12. www.energy-uk.org.uk.
  7. News: 1 September 2011. Tullett Prebon Appoints Stephen Pull, Angela Knight, to Board. Bloomberg. 16 May 2012.
  8. Web site: Investor Relations Directors. 16 May 2012. Tullett Prebon.
  9. Web site: Executive Profile: Angela Ann Knight CBE . Bloomberg Businessweek . 17 May 2012.