Julia Hoggett

{{Short description|British banker (born 1973)}}

{{Use dmy dates|date=January 2025}}

{{Infobox person

| honorific_prefix = The Honourable Dame

| name = Julia Hoggett

| honorific_suffix = DBE

| birth_date = {{Birth date and age|1973|09|19|df=y}}

| alma_mater = Newnham College, Cambridge

| occupation = Banker, risk manager

| employer = London Stock Exchange

| parents = Brenda Hale, Baroness Hale of Richmond

}}

Dame Julia Anne Hoggett {{postnom|country=GBR|size=100|DBE}} (born 19 September 1973) is a British banker and risk manager, who was appointed Chief Executive Officer of London Stock Exchange plc (LSE) in April 2021. She was appointed a Dame Commander of the Order of the British Empire (DBE) in the June 2024 Birthday Honours for services to finance and business. In November 2023 she was awarded the Freedom of the City of London. In 2024 she was listed by the Financial Times as one of its 25 most influential women of the year.

Biography

Born on 19 September 1973,{{cite web |last=Treanor |first=Jill |date=7 December 2024 |title=London Stock Exchange boss: We must make people proud to own shares |url=https://www.thetimes.com/business-money/companies/article/julia-hoggett-london-stock-exchange-ceo-coming-out-sdpgw65hj |work=The Sunday Times |access-date=1 January 2025}} Hoggett's parents are Brenda Hale, Baroness Hale of Richmond and John Hoggett QC.{{cite web |author=Gapper, John |date=26 October 2021 |title=Brenda Hale: 'People need to believe justice is there for them' |url=https://www.ft.com/content/cc280a02-19b8-4a25-8df2-1773ee9160e7 |accessdate=10 December 2024 |publisher=Financial Times |language=}} She was educated at Manchester High School for Girls and St Paul's Girls' School. She has a degree in Social and Political Sciences from Newnham College, Cambridge.{{Cite web |date=13 February 2024 |title=Newnham College alumnae awarded King's Birthday honours {{!}} Newnham |url=https://newn.cam.ac.uk/newnham-news/three-newnham-college-alumnae-awarded-kings-birthday-honours |url-status=live |archive-url=https://web.archive.org/web/20240703210351/https://newn.cam.ac.uk/newnham-news/three-newnham-college-alumnae-awarded-kings-birthday-honours/ |archive-date=3 July 2024 |access-date=10 December 2024 |website=newn.cam.ac.uk |language=en}}

Her career began at JP Morgan in the late 1990s working on bond issues.{{Cite web |last=Tripathi Chopra |first=Shruti |date=2 June 2024 |title=London Stock Exchange CEO Julia Hoggett: 'I realised being gay was not an inhibitor to my career' |url=https://www.fnlondon.com/articles/london-stock-exchange-ceo-julia-hoggett-i-realised-being-gay-was-not-an-inhibitor-to-my-career-pride-of-finance-6758debe |archive-url=https://web.archive.org/web/20241210132401/https://www.fnlondon.com/articles/london-stock-exchange-ceo-julia-hoggett-i-realised-being-gay-was-not-an-inhibitor-to-my-career-pride-of-finance-6758debe |archive-date=10 December 2024}}{{Cite web |title=European Financial Forum 2022: Agenda |url=https://eff22.live.ft.com/agenda/speakers/1483754#:~:text=Julia%20Hoggett%20joined%20London%20Stock,the%20conduct%20of%20market%20participants. |url-status=live |archive-url=https://web.archive.org/web/20240710000956/https://eff22.live.ft.com/agenda/speakers/1483754#:~:text=Julia%20Hoggett%20joined%20London%20Stock,the%20conduct%20of%20market%20participants. |archive-date=10 July 2024 |access-date=10 December 2024 |website=eff22.live.ft.com |language=en}} In 2004, she moved to Dublin to work for Depfa Bank. She was later a managing director at Bank of America Merrill Lynch after moving back to London. She joined the Financial Conduct Authority in 2014, and worked there as Director of Market Oversight.{{Cite news |last=Croft |first=Jane |date=14 June 2024 |title=London Stock Exchange CEO honoured in king's birthday list |url=https://www.theguardian.com/uk-news/article/2024/jun/14/london-stock-exchange-ceo-julia-hoggett-honoured-in-kings-birthday-list |access-date=10 December 2024 |work=The Guardian |language=en-GB |issn=0261-3077}} During her tenure there, she described insider dealing as "the poster child of market abuse", but warned that market manipulation needed further scrutiny.{{Cite book |last1=Durston |first1=Gregory J. |url=https://books.google.com/books?id=glvIDwAAQBAJ&dq=Julia+Hoggett&pg=PA16 |title=The Little Book of Market Manipulation: An Essential Guide to the Law |last2=McKeon |first2=Ailsa |date=29 January 2020 |publisher=Waterside Press |isbn=978-1-909976-73-3 |pages=16 |language=en}} She has described her career as that of a risk manager, across a range of roles.{{Cite journal |last1=Seijts |first1=Gerard |last2=Milani |first2=Kimberley Young |date=1 July 2024 |title=The character imperative: Creating a more just, prosperous, and sustainable future |url=https://linkinghub.elsevier.com/retrieve/pii/S0090261623000566 |journal=Organizational Dynamics |volume=53 |issue=3 |pages=101012 |doi=10.1016/j.orgdyn.2023.101012 |issn=0090-2616|url-access=subscription }}

Hoggett was appointed Chief Executive Officer of London Stock Exchange plc (LSE) in April 2021. There she has argued for higher executive pay, as part of measures to attract and retain companies in the UK financial markets.{{Cite book |last1=Jones |first1=Sarah |url=https://books.google.com/books?id=VyjyEAAAQBAJ&dq=Julia+Hoggett&pg=PA346 |title=Reward Management: Alternatives, Consequences and Contexts |last2=Perkins |first2=Stephen J. |date=3 February 2024 |publisher=Kogan Page Publishers |isbn=978-1-3986-1290-7 |pages=346 |language=en}} She has also spoken out on how the standing of UK financial markets has been negatively impacted by increases in "corporate governance processes".Schuster, Edmund-Philipp. [https://eprints.lse.ac.uk/123539/1/10.1515_ecfr-2024-0008.pdf "Tax reforms decline London stock market: the untold story."] European Company and Financial Law Review (2024). She has been a spokesperson for diversity and inclusion for over twenty years,{{Cite web |title=Julia Hoggett |url=https://outleadership.com/news/julia-hoggett/ |access-date=10 December 2024 |website=Out Leadership |language=en}}{{Cite web |title=Julia Hoggett |url=https://www.cambridgelgbt.com/julia-hoggett |access-date=10 December 2024 |website=Q100 |language=en}} after coming out as gay in a professional setting early in her career at JP Morgan. She has also spoken on how being openly gay at work led to easier relationships with some male colleagues, which could be "business-like from the start".{{Cite book |last=Browne |first=John |url=https://books.google.com/books?id=H_HCAgAAQBAJ&dq=Julia+Hoggett&pg=PT134 |title=The Glass Closet: Why Coming Out is Good Business |date=29 May 2014 |publisher=Ebury Publishing |isbn=978-0-7535-5039-7 |language=en}}

Hoggett lives in London with her partner Wendy. She has two children with her former partner.

Awards and recognition

Hoggett was appointed a Dame Commander of the Order of the British Empire (DBE) in the June 2024 Birthday Honours for services to finance and business.{{Cite web |last=Basar |first=Shanny |date=17 June 2024 |title=Julia Hoggett Made a Dame |url=https://www.marketsmedia.com/julia-hoggett-made-a-dame/ |access-date=10 December 2024 |website=Markets Media |language=en-US}} In 2024 she was listed by the Financial Times as one of its 25 most influential women of the year.{{Cite web |date=6 December 2024 |title=The FT's 25 most influential women of 2024 |url=https://www.ft.com/womenof2024 |access-date=10 December 2024 |website=www.ft.com |language=en-GB}} In November 2023 she was awarded the Freedom of the City of London for her service to the UK financial services industry and for supporting the contributions of women in the City of London.{{Cite web |title=London Stock Exchange CEO receives City of London Freedom |url=https://news.cityoflondon.gov.uk/london-stock-exchange-ceo-receives-city-of-london-freedom/ |url-status=live |archive-url=https://web.archive.org/web/20231210143810/https://news.cityoflondon.gov.uk/london-stock-exchange-ceo-receives-city-of-london-freedom/ |archive-date=10 December 2023 |access-date=10 December 2024 |website=London Stock Exchange CEO receives City of London Freedom |language=en}} In 2023 City AM awarded her Industry Leader of the Year. She has featured in the Financial News{{'s}} 100 Influential Women six times.{{Cite web |title=Interview with Julia Hoggett {{!}} CFA UK |url=https://www.cfauk.org/pi-listing/julia-hoggett-interview |url-status=live |archive-url=https://web.archive.org/web/20240616152446/https://www.cfauk.org/pi-listing/julia-hoggett-interview |archive-date=16 June 2024 |access-date=10 December 2024 |website=www.cfauk.org |language=en}}

References