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Pride of Finance: 20 coming out at work stories from senior leaders

FN’s inaugural list celebrates LGBTQIA+ icons of finance

FN’s Pride of Finance list highlights senior execs’ journeys — from being in the closet to being proud of their identities
FN’s Pride of Finance list highlights senior execs’ journeys — from being in the closet to being proud of their identities

Financial News has been promoting diversity, equity and inclusion in the City for nearly 30 years. 

To build on our history of championing progress on long-standing issues, we are proud to present 20 stories from some of the finance sector’s most influential LGBTQIA+ leaders about why they chose to come out at work. 

The list, which we’ve published to coincide with Pride Month, showcases senior executives’ journeys — from being in the closet to being proud of their identities — in their own words. They have all shared lived experiences, good and bad, about why they decided to come out at work, what they were feeling on the day and how their companies supported them. 

They also gave great advice for those who are scared to come out at work and expressed views on what finance firms can do better to support LGBTQIA+ employees.

The unranked list, put together after careful consideration by FN’s editorial team, spotlights senior leaders from banking, Magic Circle law firms, asset management, Big Four accounting firms, hedge funds, regulatory bodies and fintech firms among others.

Why this list? Less than half of workers feel comfortable being out with all their colleagues, according to a 2023 Deloitte survey of 5,474 LGBTQIA+ people in workplaces in 13 countries. 

Another third of respondents said they are only comfortable being out at work with select colleagues, while some aren’t comfortable being out with anyone at work at all when it comes to their sexual orientation (14%) or gender identity (17%).

This is why the finance sector’s exceptional LGBTQIA+ community must be celebrated. 

While all different, the lived experiences of the senior leaders on this list have had a huge impact: not only have their stories shaped their own careers, they have also put diversity on the agenda for their employers. 

If the list inspires even one more person to become an ally for diversity, equity and inclusion in the workplace, we will deem our endeavour successful.

IN FULL Pride of Finance list: 20 coming out at work stories from senior leaders

Man Group CEO Robyn Grew: ‘I’ve suffered loud disapproval, verbal abuse and even physical aggression’

London Stock Exchange CEO Julia Hoggett: ‘I realised being gay was not an inhibitor to my career’

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Justin D’Agostino, global CEO, Herbert Smith Freehills: ‘I weigh the pros and cons of sharing something as simple as weekend plans with my husband’ 

UK’s first trans judge Victoria McCloud: ‘The UK is far less accepting than in the 1990s, people are deliberately insulting’

Marty Chavez, Wall Street pioneer and Alphabet board member: ‘Telling my prospective boss I was gay was a litmus test for Goldman Sachs’

Lloyds Banking Group’s chief sustainability officer Andrew Walton: ‘I have never faced prejudice for being a gay man in finance’

Dame Inga Beale: ‘I went back in the closet at Lloyd’s of London after facing resistance as a female CEO’

Deloitte audit and assurance partner Will Smith: ‘I was told that being gay would harm my chances of career progression’ 

Liz Bingham, R3 president and ex-EY managing partner: ‘I nearly cried, I thought my career would implode’

Innovate Finance and Stripe UK chair Louise Smith: ‘I lied about having a 6ft South African boyfriend’

UK’s first trans investment boss Reece Tomlinson: ‘Two senior leaders had a very hard time accepting me and left’

BlackRock managing director Martin Parkes: ‘The start of my career was disturbing. I was told to put my identity away’

EY partner Victor Nieves: ‘Coming out at work helped me tell my family I was gay’

Gender fluid banker Pips Bunce: ‘I received death threats for being myself’

M&G director Mark McLane: ‘I came out to colleagues at a work party’

PwC’s Martin Smith: ‘I felt nervous, I had never disclosed my true identity to senior partners’

Linklaters’ Scott Simpson: ‘If I’m not out and open, I can’t be the best lawyer I can be’

Clifford Chance’s Anna Thwaites: ‘I outed myself by applying for leave for my civil union’

Cicero chair Iain Anderson: ‘I came out on national TV, it was a scary moment’ 

BNY Mellon’s Rob McClenaghan-Harrop: ‘I intentionally omitted names of gay bars in front of colleagues’

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