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Incoming Macquarie chief executive Greg Ward will use his experience turning the company’s fast-growing banking division into a technology heavyweight to transform the broader financial services empire after beating internal rivals to succeed Shemara Wikramanayake.
But few investors or analysts expect sweeping changes from Ward, 58, after he takes over from Wikramanayake, who has run the investment banking and asset management giant for eight years during which time she delivered a 117 per cent increase in the share price and record profits.
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