Australia’s Macquarie names former RBA governor Glenn Stevens as group chairman

By Allison Lampert Posted on December 1, 2021

FILE PHOTO: The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns the main entrance to their Sydney office headquarters in Australia

(Reuters) – Australian asset manager Macquarie Group on Thursday named former Reserve Bank of Australia governor Glenn Stevens as chairman of the group and that of its unit, Macquarie Bank.

Stevens, who is an independent director at Macquarie, will replace Peter Warne from the boards of both the group and the bank effective early May next year, the asset management firm said in a statement.

(Reporting by Sameer Manekar in Bengaluru; Editing by Anil D’Silva)