Saker Nusseibeh, CEO of Hermes Investment Management, received an Order of the British Empire award from Queen Elizabeth II for his contributions toward responsible business and finance.
In the new year's honors list, Mr. Nusseibeh was recognized by the queen as a Commander of the Order of the British Empire, or CBE, the highest ranking of the Order of the British Empire awards.
Mr. Nusseibeh, who became the firm's CIO upon joining in June 2009, sits on the Banking Standards Board, which was created in 2015 after a U.K. parliamentary inquiry launched to restore trust in the U.K. banking industry. Mr. Nusseibeh also sits on U.K. National Advisory Board on Impact Investing, which is focused on catalyzing a global market in impact investment to improve society.
"I would like to congratulate Saker on what is a terrific achievement and due recognition for the energy and enthusiasm with which he has led the argument for a sustainable investment approach that few subscribed to until very recently," said David Stewart, Hermes' chairman, in a statement. "The fact that many of these views are now in the mainstream is testament to this."
Mr. Nusseibeh is also the founder of the 300 Club, a group of leading CIOs and investment professionals who seek to challenge traditional investing.
"It is an enormous privilege to receive this honour and I am, of course, humbled to be recognized in this way," Mr. Nusseibeh said in an emailed comment. "However, this really reflects the efforts of many at Hermes who have worked tirelessly over a long period to develop and promote a responsible approach to investing. Last year our stewardship and engagement team, Hermes EOS, which advocates businesses to focus on sustainable practices, was 15 years old. There is much work still to do but we are delighted the industry has come such a long way in a relatively short space of time."