Macquarie Group: Appoints former RBA Governor as new chair

Macquarie Group Appoints former RBA Governor as new chair

  • Macquarie Group (MQG) has appointed the former Governor of the Reserve Bank of Australia (RBA), Glenn Stevens, as its new chair
  • Mr Stevens has been on the Macquarie board since 2017 and will now transition to its top position in May 2022, replacing current chairman Peter Warne
  • As RBA Governor between 2006 and 2016, Mr Stevens helped guide Australia through the Global Fincial Crisis in the 2010s.
  • The company also announces today that Diane Grady, who has been a voting director of the company for over a decade, will resign in early 2022
  • Shares in Macquare Group are up 1.48 per cent to $189.49 at 2:03 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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