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Macquarie Names Ex-RBA Governor Glenn Stevens as New Chair

Glenn Stevens, an independent voting director, will take over from Peter Warne after the release of the group’s full-year results in May 2022

Glenn Stevens
As RBA governor, Glenn Stevens led Australia’s successful inflation targeting framework for monetary policy and played a significant role in central banking internationally. Photo: Reuters


Growth Trajectory

Warne signalled his intention to retire from Macquarie’s board in July 2019.

He said Macquarie had “continued its strong growth trajectory, meeting broad areas of community need through different market cycles, not least over the last two years of the Covid-19 pandemic”.

Macquarie is one of the world’s biggest infrastructure investors, with stakes in Cadent, the gas distribution network, and KCom, a fibre telecoms business in the UK.

Diane Grady, a voting director at the group, will also retire in late February next year, the company said.


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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.


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