Sydney, 27 March 2019
Macquarie Group Limited (Macquarie) (ASX: MQG; ADR: MQBKY) will make its regular presentation to the Credit Suisse Asian Investment Conference on 27 and 28 March 2019. Contained within the attached presentation Macquarie reiterates the short-term outlook statement provided at the Group’s Operational Briefing on 12 February 2019.
Macquarie also notes that Andrew Downe has decided to step down as Group Head of Commodities and Global Markets (CGM) and from the Executive Committee, effective 31 March 2019. Mr Downe, who has been with Macquarie for 37 years and on the Executive Committee for 22 years, will continue to lead the Cash Equities business globally and retain regional leadership for CGM in Asia.
Nicholas O’Kane will become Group Head of CGM, following two years of transition in anticipation of this change. Mr O’Kane currently leads Commodity Markets and Finance (CMF) within CGM and was appointed to the Executive Committee in 2017.
View the conference presentation here.