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Macquarie promotes Greg Ward to CEO after Wikramanayake resigns
Macquarie chief executive Shemara Wikramanayake will leave the asset management and banking giant after eight years in the top job, with the head of its core financial services business Greg Ward to succeed her.
Wikramanayake was appointed chief executive of the financial services giant in late 2018, taking over from Nicholas Moore. She has worked at the company since 1987, and had run its asset management arm for a decade.
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Macquarie Group boss Shemara Wikramanayake to retire
Macquarie Group chief executive Shemara Wikramanayake is retiring as boss of the investment giant after eight years in the job, to be replaced by the head of its banking arm, Greg Ward.
The investment bank on Thursday said Wikramanayake, who is 64 and has been chief executive since late 2018, will retire from November this year.
Chair Glenn Stevens said: “The Board extends its heartfelt thanks to Shemara, who leaves Macquarie in a strong position, with sustained growth across each of our diverse businesses and a highly capable senior team.”
“Over her last eight years as CEO, and for almost four decades with the company, Shemara has steered Macquarie through expansion into new markets, the dislocation of the COVID pandemic, and significantly enhanced recognition of our brand and the value we bring to global clients and communities.”
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