Macquarie CEO named AFR Business Person of the Year

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Shemara Wikramanayake’s leadership has led to record profit and a prime position in the energy transition, making her the third prominent Macquarie banker to top the AFR list.

were the only top 20 CEOs to make their presence felt at the COP27 climate talks in Egypt in November.

“As the world started to come back from the unprecedented global lockdowns of the COVID pandemic, 2022 brought new challenges, not seen for many decades, of surging inflation, interest rates and energy prices, together with geopolitical tensions on a global scale,” she said. “These challenges include climate change response, digitisation of every sector, and urbanisation investment to support a greatly expanded global population.

The two stellar divisions at Macquarie under Ms Wikramanayake’s leadership have been Macquarie Asset Management and Commodities and Global Markets. The scale of this decarbonisation adjustment at Macquarie can be seen from the fact that in the six months to September 30, 2022, about 66 per cent of Macquarie’s net interest and trading income came from the commodities and global markets business.that the growing scale and reach of Macquarie’s specialist funds allowed it to raise money at a much higher run rate than it had previously.

“Our investment in operating expenditure has gone from a $1.3 billion run rate annualised to about a $2.5 billion run rate,” she told the“That means we’re putting $1.2 billion more to work every year in opex [operating expense], in making sure we have a robust, resilient platform.

 

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