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