Macquarie Group boss Shemara Wikramanayake to retire
Shemara Wikramanayake, the CEO of Macquarie Group, has announced her retirement after eight years in the role. The board has selected Greg Ward, the current head of banking and financial services, to succeed her in November.
Why it matters
Macquarie is a major global financial institution, and this leadership transition marks a significant shift for the 'millionaires' factory' as it navigates future market challenges.
— 6:02pm , first published July 23, 2026 — 8:29am
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Share A A A Macquarie Group chief executive Shemara Wikramanayake is retiring as boss of the investment giant after eight years in the job, after its board picked the veteran head of its banking and financial services arm, Greg Ward, as the bank’s next leader.
Wikramanayake, 64, will leave the company with current and future shares in the business worth almost $470 million after nearly 40 years at the Sydney-based institution known as the “millionaires’ factory”.
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