A director of PartnerRe Ltd has received a knighthood in the Queen’s Birthday Honours List.

António Horta–Osório has been honoured for his work in financial services as well as for voluntary services to mental healthcare and culture.

The Portuguese-born banker, 57, was last month appointed as an independent director of Bermudian-based global re/insurer PartnerRe.

He is also chairman of the investment committee and a member of the underwriting and risk committee.

Mr Horta–Osório is currently the chairman of Credit Suisse’s board, having been appointed in April.

Previously, he served on the board of Exor NV as a non-executive director from July 2015 until last month.

Mr Horta–Osório was group chief executive of Lloyds Banking Group for 10 years and an executive director on the board from 2011 until April.

Prior to that, he was the chief executive of Santander UK plc and executive vice president of Grupo Santander.