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Portuguese head of HSBC - 'being gay is an advantage'

hsbcAntónio Simões is one the UK’s most high profile bankers as the chief executive of HSBC but commented in an interview with Paulo Anunciaça printed in today's Sunday Times that, "If it were not gay, I probably would not be CEO of the bank"

Far from hiding his sexuality in the rough and ready city environment, Simões said that being gay is an advantage for him and that if he wasn’t gay he probably wouldn’t be CEO of the bank.

Simões leads the Out at Work list of lesbian, gay, bisexual and transgender executives published last week but still gets asked what his wife does for a living.

Simões was born in Portugal and joined HSBC in 2007 after working for McKinsey and Goldman Sachs and is married to a Spaniard.

“.. .it is much stranger – and statistically more improbable – that a 39-year-old Portuguese is CEO of HSBC UK than the fact that the CEO of the bank is gay.”

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