Macquarie Group Ltd. says CEO Shemara Wikramanayake will retire in November after about eight years in the role. Multiple outlets report that the company made the announcement in a statement. Wikramanayake has led the firm since roughly 2016, and her planned departure is described as following close to eight years at the helm.
The company also names Greg Ward as her successor. All sources agree Ward currently leads Macquarie’s banking and financial services division, and he will take over as CEO following Wikramanayake’s retirement in November. The reporting describes the transition as an internal succession from within Macquarie’s leadership structure.
While outlets differ slightly in phrasing and characterization of Wikramanayake’s leadership, they align on the core points: her retirement timing, the approximate length of her tenure, and Ward’s role heading the banking and financial services business before being appointed to lead the group.
