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Banking

Macquarie names Greg Ward to succeed CEO Wikramanayake

Macquarie, the Australian investing giant, appointed veteran executive Greg Ward, its banking head, to succeed high-profile chief executive Wikramanayake. Two outlets reported the leadership transition, describing Ward as a long-serving insider tapped to lead one of Australia's largest financial services firms, capping a closely watched succession at the group.

Why it matters

A leadership change at a major global asset manager and investment bank signals continuity, with a long-time insider replacing a prominent, well-regarded chief executive.

Sources

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