Macquarie Group has appointed Greg Ward as its new chief executive officer. He will replace Shemara Wikramanayake, who is retiring from the position. Ward, a long-serving executive, will take over the role on November 6. Investors view this appointment as a sign of confidence in the bank's strategy. The bank's chair, Glenn Stevens, is also scheduled to retire next year.

The chief of the “millionaires factory” will depart in November with a significant treasure chest built up over nearly four decades with the company.

The chief of the “millionaires’ factory” will depart after close to eight years in the job, to be replaced by the head of its banking arm, Greg Ward.

The chief of the “millionaires’ factory” will depart in November with a significant treasure chest built up over nearly four decades with the company.

The chief executive of Macquarie has announced her retirement hours before a tense annual general meeting was scheduled to kick off.

Macquarie CEO Shemara Wikramanayake is going out on top. But her successor Greg Ward faces some tricky questions about the Millionaire Factory’s next growth era.

Macquarie Group has appointed Greg Ward as its new chief executive officer. He will replace Shemara Wikramanayake, who is retiring from the position. Ward, a long-serving…

Incoming chief executive Greg Ward’s pay package hinges entirely on the future success of the millionaires’ factory. He needs to stack up against a formidable line-up of former…

Macquarie Group has appointed Greg Ward as its new chief executive officer. Investors view this leadership transition as a vote of confidence in the company. Ward's extensive…

Macquarie is keeping the old guard in control, betting its tried and tested leadership model remains relevant in a rapidly changing world.

Shemara Wikramanayake is set to leave Macquarie with a shareholding built up over almost four decades worth hundreds of millions.

He’s not afraid to make tough and unpopular decisions, traits that have helped his rise to the top. Investors will want to assess his plan for the next phase.

The incumbent CEO apparently knows the benefits of diversification; it’s just largely away from his employer.