Shemara Wikramanayake takes helm after leading Australian bank’s asset management arm
Macquarie Group said on Thursday that Shemara Wikramanayake, head of the investment bank’s asset management arm, would take over as the group’s first female chief executive following the retirement of Nicholas Moore in November.
The appointment is a significant landmark for women in the global investment banking industry, where the most senior executive roles at the biggest banks continue to be dominated by men.
Ms Wikramanayake, a 30-year veteran at Macquarie, was considered by analysts as the frontrunner for the top job at the Australian investment bank, which has transformed its operations over the past decade to expand its annuity-style businesses, which generate recurring income.
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