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Honorary CISI Fellowships for Sants and Knight

FSA chief executive Hector Sants and British Bankers’ Association chief executive Angela Knight have both been awarded Honorary Fellowship of the Chartered Institute for Securities and Investment.

The award is given by the Institute Board to those who have contributed with distinction to financial services and the CISI.

CISI chairman Alan Yarrow says: “These are two very able people who have made an exceptional personal contribution to the City and our industry and we are very pleased that they have accepted Honorary Fellowship.”

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Comments

There are 18 comments at the moment, we would love to hear your opinion too.

  1. Sants deserves just reward for his attempt to rid the world of IFA’s kill off financial advice for all but the wealthy, not to mention destroying, at the stroke of his philosophical pen, the business and livilihoods of hardworking people who have done no wrong.
    Did I mention fiddling while the banks burned?
    An honorary fellowship is not what I have in mind.

  2. And you thought the BATFAs was one big, self indulgent, back slapping contest.

  3. BAFTAs sorry, not BATFAs.

  4. Not to worry jon Ant (Turner) and Dec (Sants) deserve a Bafta.
    They are a true double act.
    Just wish someone would fly them to a jungle somewhere.

  5. My calendar says the 7th December, but this article infers that it is actually the first of April.

    Good one Money Management, I thought this was true for a moment…

  6. Oh, it is true. How tragic.

    The man who states 20% of a profession lost is acceptable, has contributed to FS with distinction?

    In whose universe?

    Help.

  7. What an insult to those of us who bothered to become Chartered fellows by years of experience, CPD and an online test.
    Sants I will now resign from the CISI as I do not want to be associated with Hypocritical idiots like you. 37 years as an IFA and RDR is supposed to put me out of business and give it to the bankers.
    I have had enough of this rubbish.

    Oh by the way the European union says the FSA is out of order and commissions will continue
    see your own website re IFA’s http://www.fsa.gov.uk/pubs/other/report_predictors.pdf
    .

  8. Every now and then you get a shred of proof that a twilight world does exist.

  9. Am I being cynical or is the CISI trying to curry favour – answers on a post card please to the X factor judges

  10. What a joke. My Chartered fellowship of the Securities Institute has just become worthless, still I am just one of the thousands of IFA’s that Sants and Knight want out of business, so they get our retail distribution, then increase complaints from 2% to over 60% about the banks.

    I find it very difficult to understand why people who are only looking after their own interests get on so well???

  11. Maybe Messrs Yarrow and Sants are great mates? The former was until recently Deputy Chairman of the FSA Practioner Panel. He was also chairman of a UK bank which might explain, at least to the cynics amongst us, why he thinks Sants has done a great job.

    If I hadn’t just joined the CISO I’d be leaving!

    I have no issue with the award to Angela Knight, who has done a great job at the BBA.

  12. There is clearly a very healthy “scratch my back and I wll scratch yours” attitude at the top of our industry and it needs to stop and we need to bring in “accountability” as soon as possible and with “hindsight” to boot.

    Time these people stopped rewarding themselves and listened to those who help fund and pay for their egos and mistakes.

  13. FIFA have their eyes on Sants

  14. Can we have more nothingy news stories please Money Marketing? I particularly like the ones about Sants, Hoban or the FSA. They really make me froth at the mouth and bolster my confirmation bias.

  15. FIFA not that dishonest.

  16. Just beggars belief – maybe Sants will return the compliment to Yarrow soon.

    Twilight world – yeah, like it, bit like Second Life (or whatever it’s called) I think this means, where online ‘stuff’ is sadly mistaken for reality by a large proportion of the ‘viewers’.

    Makes one want to just give up on the financial world – maybe we should all become ‘Second Lifers’ (?)

    Absolutely disgusted; cannot think of one good thing that Sands has done – Oh wait, he almost succeeded with one, ie resigning!

  17. I want to set about stopping people saving and ruin the economy too.

    If I succeed, can I have an award too please?

  18. William Shakespeare 11th December 2010 at 6:41 pm

    Public sentiment today reflects a disgust in rewards and accolades that are passed on to those who fail merely because they are in the gang. A Great Brittain that rewards failure is no long great it is Britain in decline.

    Equitable Life, Northern Rock, the banking collapse, Key Data, the £1.7b RDR fiasco and
    the two individuals at the very heart of this mess FSA chief executive Hector Sants and British Bankers’ Association chief executive Angela Knight are awarded Honorary Fellowship of the Chartered Institute for Securities and Investment.

    “Something is rotten in the state of Denmark”

    William Shakespeare. .

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