October 21, 2013 9:50 pm

Antonio Simoes heads LGBT business list

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Antonio Simoes, Head of banking for the UK and head of retail banking and wealth management for Europe, HSBC Bank

Antonio Simoes, HSBC

HSBC’s head of UK banking has come top of the first ranking of lesbian, gay, bisexual and transgender business leaders.

Antonio Simoes leads the OUTstanding in Business Top 50, published by the Financial Times on Tuesday. He is followed by Beth Brooke of EY, the consultancy, and Paul Reed of BP Integrated Supply and Trading.

The executives are ranked according to five criteria, including their seniority and influence, the extent to which they are a role model for others, and how much they contribute to the LGBT anti-discrimination cause.

Suki Sandhu, founder and chief executive of OUTstanding in Business, set up as the voice of LGBT executives, said: “We want to shine a light on those executives who are not only LGBT, but who are willing to act as champions of diversity in their companies and in business.”

“The Top 50 OUTstanding in Business List is proof that LGBT executives are making a huge difference and contribution to the economy. It demonstrates that you can come out and succeed professionally.”

Beth Brooke, Global vice-chair, public policy, EY

Beth Brooke, EY

He said the judges compiling the list scored Mr Simoes highly against every criteria. “He’s a chief executive, out in financial services, has driven the diversity agenda in HSBC, challenges stereotypes and won a diversity leader of the year award,” he said.

Lord Browne, former chief executive of BP and a partner of Riverstone Holdings, an energy investment company, is a member of the OUTstanding in Business advisory panel.

Paul Reed, Chief executive of BP Intergrated Supply and Trading

Paul Reed, BP

He said: “A list of successful gay businessmen will not remove the barriers that keep gay men and lesbians in the closet. But it will demonstrate to them that it is possible to come out and succeed.

“Gay people need positive role models like anyone else. Leaders who happen to be gay can inspire a new generation simply by being open and being comfortable with who they are.”

Top Ten:

1. Antonio Simoes
Head of banking for the UK and head of retail banking and wealth management for Europe at HSBC

2. Beth Brooke
Global vice-chair, public policy at EY

3. Paul Reed
Chief executive, BP Integrated Supply and Trading

Joseph Evangelisti, Chief communications officer, JPMorgan Chase.

Joseph Evangelisti, JPMorgan Chase.

4. Joseph Evangelisti
Chief communications officer, JPMorgan Chase

5. Lord Allen of Kensington
Chairman and non-executive director, 2 Sisters Food Group, ISS, Global Radio, Endemol

6. Claudia Brind-Woody
Vice-president and managing director, global intellectual property licensing at IBM

Lord Allen of Kensington, Chairman and non-executive director, 2 Sisters Food Group, ISS, Global Radio, Endemol.

Lord Allen of Kensington

7. Colin Walsh
Executive vice-president, proprietary card services at American Express

8. Robert Hanson
Chief executive, American Eagle Outfitters

9. Anthony Watson
Managing director and chief information officer, Europe Middle East retail and business banking, Barclays Bank

10. Mary Jo Abler
President, 3M Unitek, the dentistry and orthodontics business

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