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 incoming chief executive has already transformed the banking division into a technology heavyweight which has taken market share from rival lenders.

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…