António Simões (executive)

António Simões
Born12 March 1975 (1975-03-12) (age 50)
NationalityPortuguese, British
Alma mater
OccupationFinancial services executive
Years active1997–present
EmployerLegal & General
Titlegroup chief executive

António Pedro dos Santos Simões (born 12 March 1975) is a financial services executive. He joined Legal & General as group chief executive in January 2024, succeeding Nigel Wilson.[1]

He was previously regional manager for Europe at Banco Santander and had worked for HSBC for twelve years in both London and Hong Kong.

Early life

Simões was born on 12 March 1975 in Portugal. He was raised in Almada where he was educated at Frei Luis de Sousa.[2] He graduated at the top of his class from the Nova School of Business and Economics in Lisbon with a degree in economics, followed by an MBA from Columbia Business School in New York City.[2][3]

Career

HSBC

Simões joined HSBC in 2007 after working briefly at Goldman Sachs and McKinsey.[4][5]

On 1 November 2012, he was appointed chief executive of HSBC in the UK and deputy chief executive of HSBC Bank plc, the group's principal UK and continental European subsidiary.[6]

On 1 September 2015, Simões was appointed the chief executive of HSBC Bank plc and chief executive of Europe.[7]

He was made chief executive for global private banking with effect from 1 January 2019.[8]

Santander

In 2020 he joined Banco Santander as regional manager for Europe.[9] He was made Chief Executive of Santander Spain in 2021, together with his existing responsibilities as Regional Head of Europe.[10]

Simões took up post as group chief executive at Legal & General on 1 January 2024 and joined the board of Legal & General Group plc on appointment.[11]

Other activities

He is a vocal campaigner on youth unemployment issues and has been involved with the King's Trust since 2012. He became a trustee of Prince's Trust International in 2018.[12][13]

In 2012, he was invited to be a founding member of Conselho da Diáspora Portuguesa (World Portuguese Network), a group of Portuguese people living abroad advising the Portuguese presidency.[14]

He was a member of the practitioner panel of the Financial Conduct Authority from July 2013 and was chair of the panel from August 2015 until August 2017.[15] He joined the practitioner panel of the Prudential Regulations Authority in November 2013.[16]

In 2015 he was on a steering committee set up to review a possible merger of some trade associations in the UK banking sector.[17]

In April 2015, he joined the Banking Standards Board as practitioner member.[18]

Personal life

Simões is openly gay and is married to Tomas. They have two children.[2]

He has contributed to several books, including Lord Browne's The Glass Closet and Stephen Frost's The Inclusion Imperative. In January 2015 Simões came first at the Out at Work & Telegraph Top 50 LGBT Executives list, which celebrates individuals making a difference at the workplace.[19] OUTstanding in Business together with the Financial Times nominated him as the most inspiring LGBT senior business executive in October 2013.[20] As part of the European Diversity Awards 2013, he was also awarded the Diversity Champion of the Year.[21]

References

  1. ^ "António Simões joins Legal & General".
  2. ^ a b c Treanor, Jill (19 January 2025). "Antonio Simoes: L&G's £1 trillion man who's talking up the City". The Sunday Times.
  3. ^ "Nova School of Business and Economics". Archived from the original on 2017-01-04. Retrieved 2014-02-13.
  4. ^ Rankin, Jennifer (18 January 2015). "HSBC's António Simões says being gay was key to career success". The Guardian. ISSN 0261-3077.
  5. ^ "HSBC News". Archived from the original on 2014-02-22. Retrieved 2014-02-13.
  6. ^ HSBC. "Annual statements – HSBC plc". Archived from the original on January 31, 2013.
  7. ^ "Announcement - Appointment of Antonio Simoes as CEO of HSBC Bank PLC". Archived from the original on 2016-03-17. Retrieved 2015-08-07.
  8. ^ "Antonio Simoes | HSBC Holdings plc". HSBC.com. Retrieved 2018-09-26.
  9. ^ "Santander hires HSBC executive António Simões to run Europe". FT.com. Retrieved 7 May 2025.
  10. ^ "L&G hires Santander's European head as its new chief executive".
  11. ^ "Legal & General Names Antonio Simoes as Chief Executive Officer". Bloomberg. 15 June 2023. Retrieved 30 June 2023.
  12. ^ "Princess Trust". Archived from the original on 2019-04-21. Retrieved 2020-06-19.
  13. ^ Warrell, Helen (12 February 2014). "City leaders call for talented maths graduates to teach". Financial Times.
  14. ^ "Home". Conselho da Diáspora Portuguesa.
  15. ^ "FCA Practitioner Panel". 23 July 2015.
  16. ^ "Bank of England".
  17. ^ "Libor Lawsuits Cloud Bank Body Merger Plan". Archived from the original on 2016-03-04.
  18. ^ Partington, Richard (1 April 2015). "HSBC's Simoes, Citi's Bardrick Join U.K. Banking Standards Board". Bloomberg News.
  19. ^ "The Out At Work Telegraph Top 50 LGBT Executives In Business - Home". Archived from the original on 2015-01-21.
  20. ^ "Who's who: Top 50 OUTstanding in Business List". Financial Times. 22 October 2013.
  21. ^ "Celebrating Diversity & Inclusion | European Diversity Awards". EDA2021.
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