António Simoes
Born (1975-03-12) 12 March 1975 (age 49)
NationalityPortuguese
EducationMBA with honours from Columbia University
Alma materColumbia University
OccupationBanker
Years active1997–Present
EmployerHSBC
TitleDeputy Chief Executive HSBC plc, Head of UK and Retail and Wealth for Europe
Board member ofHSBC plc, HSBC France, HSBC Bank A.Ş. (Turkey)

António Pedro dos Santos Simoes (born on 12 March 1975) is a Portuguese banking executive. He is currently Head of UK for HSBC a position held since 1 November 2012,[2] with responsibility for the Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Private Banking businesses.[3]

António was born in Lisbon, Portugal and holds a Masters in Business Administration from Columbia University. He lives in London.

Education

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António was born in Lisbon in 1975. He graduated from Nova School of Business & Economics in Lisbon. He read Economics and received several awards, including the award for top student in his graduating class.[4][5][6]

He holds an MBA from Columbia University. During his studies he was a teaching assistant for Managerial Economics and Capital Markets. He graduated with honours and is a member of Beta Gamma Sigma honour society. In the fall of 2000, as part of the MBA programme, he spent a semester at the Bocconi University in Milan.[7]

Professional career

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Early career

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In 1997, António joined McKinsey & Company as an business analyst in their Iberian office.

In 2000, António worked at Goldman Sachs in London, as an associate serving financial institutions in Investment Banking.

He returned to McKinsey as an associate in their London office where we was later elected a partner. During his career at McKinsey, he worked across several geographies serving mainly financial services client.[8] His focus included Strategy and Risk Management, including contributions to McKinsey Quarterly and other publications.[9]

Career with HSBC

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António joined HSBC in 2007 to lead Group Strategy and Mergers & Acquisitions activities reporting to Stephen Green, then Group Chairman of HSBC holdings. In October 2009 he assumed responsibilities also for Planning, reporting to the Group CEO, Michael Geoghegan relocating to Hong Kong for two years.[10] In an interview to his Alma mater António said 'I took 58 long-haul flights in 2011 alone...I don't get the work life balance right all the time'.[11] António was appointed a Group General Manager in 2011 and became also Chief of Staff to the Group CEO, Stuart Gulliver.[12]

In January 2012, he relocated back to London and was appointed European head of Retail Banking and Wealth Management (RBWM), including responsibility for Asset Management and Insurance.[13]

On 1 November 2012, he was appointed Head of UK Bank and deputy Chief Executive, of HSBC Bank plc, the Group's principal UK and continental European subsidiary. He became a Director of HSBC Bank plc on 1 February 2012. He is also a Director of the Turkish and French subsidiary boards of HSBC Bank plc.[14]

He became a member of the Practitioner Panel of the Financial Conduct Authority (FCA, conduct regulator for UK financial services industry) in July 2013 and a member of the of the Practitioner Panel of the Prudential Regulations Authority (PRA, prudential regulator for UK financial services industry) in November 2013.[15]

Commitments

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In 2009, he was appointed a Young Global Leader of the World Economic Forum and is a regular delegate at the annual meeting in Davos.[16]

He is a vocal campaigner on youth unemployment issues and is involved with the Prince’s Trust which is supported by HSBC as part of their Opportunity partnership programme, which also supports Tomorrow's people, Catch22 and St Giles Trust.[17][18]

In 2012, he was invited to be a founding member of 'Conselho da Diaspora' (World Portuguese Network), a group of Portuguese people living abroad advising the Portuguese presidency.[19]

He is a regular speaker in industry forums on the future of the financial services industry, including the impact of digital technologies in banking.

Personal life

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'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, António was also awarded the Diversity Champion of the Year.[21] He is known to be passionate about diversity and said in an interview 'I know that when I look back at my life...it won't be the complex spreadsheets or the long hours that I had to do at Goldman Sachs or at McKinsey that I will be remembering but rather the difference I made to the thousands of people that work with me and that flourished for what they were, regardless of their background or life choices'.[22]

He is married and lives in London.[23]

Media links

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References

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  1. ^ "In an open culture, no one need fear the 'wife' question". Financial Times. Retrieved 28 January 2014.
  2. ^ "Nova Business School of Business and Economics".
  3. ^ "BBA".
  4. ^ "Nova School of Business and Econmics".
  5. ^ "Yatedo".
  6. ^ "Alumni - Nova School of Business and Economics".
  7. ^ "Yatedo".
  8. ^ "BBA".
  9. ^ "Better operational-risk management for banks" (PDF).
  10. ^ "HSBC News".
  11. ^ "Alumni Interview with Nova School of Business and Economics".
  12. ^ "HSBC News".
  13. ^ "HSBC News".
  14. ^ HSBC. "Annual statements – HSBC plc".
  15. ^ "Bank of England".
  16. ^ "BBA".
  17. ^ "Princess Trust".
  18. ^ "City leaders call for talented maths graduates to teach".
  19. ^ "World of Portugese Network".
  20. ^ "OUTstanding".
  21. ^ "European Diversity Award".
  22. ^ "Alumni Interview with Nova School of Business and Economics".
  23. ^ "BBA".