NewsBite

Rear Window

Mark Di Stefano

Strange side-hustles around Macquarie’s CEO succession

The bank’s CFO Alex Harvey is a potential successor to Shemara Wikramanayake. He’s also in business with another former Macquarie CEO.

In the absence of a clear successor, the question of who will succeed Shemara Wikramanayake as chief executive of Macquarie appears to be feeding on itself. Another round of guessing games has kicked off ahead of the bank’s AGM on Thursday. And while Wikramanayake was named to the job on the eve of its 2018 meeting, sources at the bank insist that it’s definitely not happening (this time).

It won’t quieten chatter around who is even in the conversation. The runners and riders include Greg Ward, the head of banking and financial services. He gained admirers for how he’s run the push into retail banking. But he’s no spring chicken. Then there’s head of asset management and LinkedIn drivel Ben Way, and Macquarie Capital chief Michael Silverton.

Loading...
Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com

Read More

Latest In Financial services

Fetching latest articles

Most Viewed In Rear window

    Original URL: https://www.afr.com/rear-window/strange-side-hustles-around-macquarie-s-ceo-succession-20250721-p5mgmk