The FT’s Ruth Sullivan has been named Corporate Governance Journalist of the Year in the 2011 Corporate Governance and Responsible Investment Journalism Awards.
The awards are run by PIRC, which provides research and advisory services to institutional investors on corporate governance and corporate social responsibility in the UK, and law firm Robbins Geller Rudman & Dowd LLP.
The British Academy, the UK’s national body for the humanities and social sciences, announced today that Gillian Tett, US Managing Editor of the Financial Times, will be a 2011 recipient of the President’s Medal, an honor that recognizes up to five individuals or organizations for their service to those fields.
The judges commended Tett for her role in predicting the credit crisis in 2006, and then for her authoritative coverage of the events that surrounded it from 2007-2009. A major contribution, they noted, was her deep explanations of financial instruments (such as collateralized debt obligation, credit default swaps and conduits) to “a supposedly informed public that generally had no knowledge of how they worked.” They also point to her use of social anthropology in financial journalism, a unique approach that has led to “a more holistic and prescient understanding of the global economy and financial markets.”