Former Conservative MP Angela Knight set to leave the banking industry body in the summer
The chief executive of the British Bankers' Association (BBA) has announced she is to step down after five years in the post.
Former Conservative MP Angela Knight will step down as chief executive of the banking industry's representative body in the summer.
Knight took on the role in 2007, amidst a "crisis of a magnitude that few if any have seen before or expected".
She has represented the banks through the run on Northern Rock, the near collapse of some of the largest UK banks and the part-nationalisation of both Lloyds Banking Group and the Royal Bank of Scotland.
Knight has also defended the bonus culture of the banks and led lengthy court actions on behalf of the banks against the mis-selling of payment protection insurance.
Under her leadership, the BBA also won a Supreme Court ruling on behalf of the banks in relation to the fees they charge for unarranged overdrafts.
Knight said: “The UK banking industry has already undergone radical restructuring to make it fit for the future and I am pleased to have played a part in this.”