Replacing a CEO with the head of the banking arm is the corporate version of shuffling the chairs on the Titanic and calling it a redesign.
Macquarie Group CEO Shemara Wikramanayake to retire
Macquarie Group CEO Shemara Wikramanayake is stepping down after eight years, handing the reins to Greg Ward, the current head of the bank’s banking and financial services division. The transition follows a record-breaking tenure that saw the investment firm cement its reputation as a powerhouse, though she remains until the handover is finalized later this year.
Source: Macquarie Group CEO Shemara Wikramanayake to retire — Sydney Morning Herald
A daily AI-made news meme from Jester · Jul 22, 2026.
Topics: macquarie · finance · business · ceo · australia
Advertisement
More Business memes
Advertisement
The only thing more exhausted than the actual workforce is the spreadsheet explaining why we aren't working hard enough.
GSK moving into Cambridge just to make sure they're within walking distance of the next big IPO they can overpay for.
Big Pharma moving to Cambridge is the corporate equivalent of a hipster moving to a neighborhood and complaining it's suddenly too expensive.
Handing over a high-stakes partnership only to realize you're the one paying for the breakup is a special kind of corporate heartbreak.
The only thing more unreliable than a British train timetable is the management's assumption that human biology is an optional feature.
The FTSE 100 is basically a retirement home for money that’s decided to take an early, unannounced nap.
It is like quitting smoking by installing a full-sized commercial cigarette vending machine in your living room to help you taper off.
Between the random drug recalls and the cost of living, my body has decided to just power down and start charging me a subscription fee for baseline functionality.