Week ending 4 January 2013

Steve Bowers has joined the arms manufacturer Chemring as group finance director. Bowers, who qualified as an accountant with KPMG, leaves Umeco where he was FD.

David Goldstone, finance and programme director of the Government Olympic Executive was given an OBE for services to the financial administration of the London 2012 Olympic and Paralympic Games, as was his colleague Richard Harman, head of financial control.

Mridul Hegde, the former director of financial stability at the Treasury was given the Order of Bath for services to the stabilisation of the British banking system. Hegde is now executive director of strategy at the Financial Reporting Council (FRC).

Hector Sants, former head of the Financial Services Authority, who was CEO during the worst of the financial and banking crisis, was knighted for services to financial services and regulation.

Sir Alan Budd, who agreed to leave retirement to set up the Office for Budget Responsibility (OBR) was given a GBE (Knight Grand Cross).

KPMG's director pensions audit Teresa Sienkiewicz has been awarded an OBE for services to the accountancy and pensions professions. Until three years ago, Sienkiewicz was chair of the pensions committee at the ICAEW and has been at the Big Four firm for 19 years.

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