For someone not familiar with the acronym, what is CBE?
A quick search shows me 371 different matching acronyms, ranging from the "Calgary Board of Education", to "current best estimate", to "Central Bank of Egypt".
Commander of the Order of the British Empire (CBE)
This is awarded for having a prominent but lesser role at national level, or a leading role at regional level. You can also get one for a distinguished, innovative contribution to any area.
https://www.gov.uk/honours/types-of-honours-and-awards
"CBE" refers to Commander of the most excellent order of the British Empire [0] which is a title conferred by the monarch on those deemed to have performed especially well in the service of the nation.
So you can see how its value might be diluted by this instance.