Stuart Green Named Managing Director of Macquarie Bank Limited
Macquarie Group Limited (MGL) and Macquarie Bank Limited (MBL) have announced that Stuart Green has been promoted to Managing Director of MBL. He will also join the MBL Board of Directors, as well as the Executive Committees for both MGL and MBL. These appointments will go into effect on July 1, 2021, subject to regulatory approvals. Stuart has spent two decades with the company, most recently serving as Group Treasurer. He succeeds Mary Reemst, who will retire as Managing Director of MBL, MBL Board Member, and Member of the MGL and MBL Executive Committees.
Macquarie is a global financial services group operating in 31 markets in asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, investment banking and principal investment. Based in Sydney, Australia, the company employs over 15,000 individuals. Macquarie posted net profit of $A2.73 billion for fiscal year 2020.