Antonio Simoes appointed as the new CEO of Legal & General Group
27 JUN, 2023
By Leticia Rial from RankiaPro Europe
Legal & General Group plc is pleased to announce the appointment of Antonio Simoes as the new Chief Executive Officer of the entire Legal & General Group.
Prior to this new role, Antonio served as the Regional Head of Europe for Banco Santander, a position he held since September 2020, where he led the bank's business lines in the United Kingdom, Spain, Portugal, and Poland, spanning retail, commercial, corporate, and investment banking, as well as asset management and insurance. Before joining Santander, Antonio had a 13-year career at HSBC, where he eventually served as CEO of UK and Europe, and later as CEO of the Global Private Banking division, based in London and Hong Kong. He also previously worked as a partner at McKinsey & Company.
His appointment is the final outcome of a long and rigorous global selection process, overseen by the Chairman of the Group, Sir John Kingman, and it will see him take over from Sir Nigel Wilson, who has held the position since 2012 and announced his intention to retire in January. Antonio's appointment will be effective from January 1, 2024. Until then, the role of Chief Executive will still be formally held by Nigel Wilson, who will facilitate the transition of the Group's strategies. Upon assuming his new role, Antonio will also become a member of the board of directors of Legal & General Group plc.
