Helena Morrissey, head of personal investing at LGIM, has been made a dame in the Queen's Birthday Honours list for improving diversity in financial services.
She was chief executive of Newton Investment Management for 15 years before stepping down last August, and was also chair of the Investment Association.
Morrissey, who was previously awarded a CBE, has championed greater diversity and transparency in the asset management industry and the wider business community throughout her career.
She founded the 30% Club, which aims to "develop a diverse pool of talent for all businesses through the efforts of its chair and CEO members who are committed to better gender balance at all levels of their organisations".
Since the 30% Club was founded in 2010, the proportion of female directors at FTSE 100 companies has risen from 12.5% to 27%.
Morrissey also chairs the Diversity Project, which works to "accelerate progress towards an inclusive culture in the investment profession". It spans the whole industry including: asset owners, fund managers, fund selectors, pension consultants, actuaries, trustees, wealth managers and the professional standards and trade bodies.
Commenting on becoming a dame, The Sunday Times quotes Morrissey saying: "For so many years, so many women have been criticised, punished even, rather than honoured for their work on gender equality — it feels such a wonderful sign of progress to be awarded a Damehood for just doing my small part.
"It makes me feel very confident about the future for young women — and grateful to all those who have preceded me."
Meanwhile, Stephen Lansdown, co-founder of Hargreaves Lansdown, has been made a CBE for services to business and the community in Bristol. Peter Hargreaves received the same award in 2013.
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