Macquarie Group chair Glenn Stevens has announced Shemara Wikramanayake’s upcoming retirement from her role as managing director and CEO of Macquarie Group and the board’s decision to appoint Greg Ward, currently head of banking and financial services, as her successor subject to the receipt of necessary approvals.
Wikramanayake will retire and step down from the boards of Macquarie Group and Macquarie Bank, effective Nov. 6, 2026. Ward will be appointed to the boards of Macquarie Group and Macquarie Bank, effective Nov. 7, 2026.
Ward joined Macquarie in 1996, the year the organization became publicly listed, serving as global CFO for 14 years before being appointed deputy managing director of Macquarie Group. In 2013, he became head of banking and financial services and led the repositioning of the business, which has grown to become a significant source of innovation and competition in Australian personal banking, business banking and wealth management.
