Dame Colette Bowe - a dinner discussion on
professional standards in banking
Held on October 4 2016
With support from Dentons
Dame Colette Bowe (chairman, Banking Standards Board)
Colette Bowe has a formidable CV - a PhD in economics (under Maurice Peston), press secretary at the DTI (at the time of the Westland affair), chief executive of the PIA, executive chairman of Save and Prosper, deputy chairman of Thames Water, founding chairman of the telecoms Ombudsman, chairman of Electra Private Equity and chairman of the Associated Board of the Royal Schools of Music (ABRSM) … And so on..
But, for us, the really important role is her current one: chairman of the Banking Standards Board (BSB), set up in the wake of the Parliamentary Commission on Banking Standards (PCBS) and Richard Lambert’s subsequent review of the sector. Established in 2015, the BSB is focused on raising standards of behaviour and competence in UK banks and building societies.
One of the BSB’s work strands covers professionalism in banking. The Parliamentary Commission found that 'banking culture has all too often been characterised by an absence of any sense of collective responsibility to uphold the reputation of the industry', and argued that a greater focus on professionalism could be an answer.
In her talk, Dame Colette will discuss the findings of a recent, independent report commissioned by the BSB on the state of professionalism in banking, and set out the key challenges for the industry when it comes to trustworthiness and the pride of its employees in their profession.
We are delighted that Dame Colette has agreed to discuss these and other issues at a (relatively) small dinner, kindly hosted by Dentons.