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Macquarie Picks Its Bank Boss to Replace Wikramanayake as CEO

Provided by Dow Jones Jul 23, 2026, 3:41:00 AM

By Stuart Condie

SYDNEY--Australia's Macquarie Group said Chief Executive Shemara Wikramanayake will retire in November after eight years in charge, to be replaced by the current boss of the financial group's banking unit.

ASX-listed Macquarie on Thursday said that Wikramanayake, who is also the company's managing director, will step down Nov. 6.

Former Chief Financial Officer Greg Ward, who has headed Macquarie's fast-growing banking and financial services unit since 2013, will take over the next day, Macquarie said.

"Over her last eight years as CEO, and for almost four decades with the company, Shemara has steered Macquarie through expansion into new markets, the dislocation of the Covid pandemic, and significantly enhanced recognition of our brand," Chair Glenn Stevens said.

Write to Stuart Condie at stuart.condie@wsj.com

(END) Dow Jones Newswires

July 22, 2026 18:41 ET (22:41 GMT)

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