ONE of Britain’s longest serving stockbrokers and a former mayor of Leeds has been awarded an OBE for services to business and the community in his home city.
Keith Loudon, 81, has worked at Leeds-based Redmayne Bentley for more than 58 years, and he also served as Lord Mayor of Leeds from 1993 to 1994.
During his career, Mr Loudon has witnessed revolutionary changes in the financial world, but he still believes the old-fashioned virtues of honesty and integrity are paramount.
As senior partner at Redmayne Bentley, Mr Loudon has seen the firm develop into one of the UK’s largest independently owned stockbrokers, with more than 300 staff and almost 40 branches.
In 1923 Mr Loudon’s father - Gavin - joined the firm. Thirty-three years later, when Mr Loudon, started working there, the company employed just four people, but it has grown rapidly in recent years with help from a number of acquisitions.
Mr Loudon said yesterday: “I’m surprised and delighted. I’ve got this honour because of all the people who have supported me in every aspect of my life.
“They have encouraged me, and I hope I’ve encouraged them too. I’m very concerned about ethical standards. My word is my bond. I believe that provincial stockbroking, which is the area I know about, is not about smart alecs trying to make a quick buck. Standards of honesty have to be maintained.”
He added: “Leeds has developed on a steady basis, rather than a boom and bust basis. It’s a dynamic city. Leeds is a resilient city and will come through anything.”