Macquarie Group’s board thinks the talent factory is running so well at Sydney’s Martin Place, despite regulatory headaches and share price performance trailing the big US investment banks, that it didn’t even contemplate an outsider for the CEO’s job.Instead, it picked Greg Ward straight out of Macquarie central casting. Ward is the longest-ever serving member of Macquarie’s vaunted executive committee – the bank’s former CFO in the financial crisis who took what looked like a strange step sideways to clean up its troubled and relatively small Australian financial services business in 2013.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Macquarie swaps global swagger for safe harbour of home mortgages
Macquarie is keeping the old guard in control, betting its tried and tested leadership model remains relevant in a rapidly changing world.











