Shemara Wikramanayake, managing director and CEO of Macquarie Group, is set to retire in November, and the board of directors plans to appoint Greg Ward, who now serves as head of banking and financial services, as her successor.
When Wikramanayake retires on Nov. 6, she will step down from the boards of Macquarie Group Ltd. and Macquarie Bank Ltd., and Ward will step into those roles, according to Macquarie Group chair Glenn Stevens.
“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,” said Stevens. “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.”
Stevens added, “In conside
