Macquarie Names Wikramanayake First Woman CEO as Moore Retires

The video discusses the leadership transition at Macquarie, highlighting the new CEO's extensive experience and the significance of the asset management division, which contributes significantly to the company's profits. It also covers Moore's legacy of transforming the bank from an investment-focused entity to one with a strong asset management division. The annuities business model is explained, emphasizing its steady revenue streams and resilience against market cyclicality. The video concludes with the challenges the new CEO will face in maintaining the company's health amid a tough external environment.

How long has the new CEO been with Macquarie?

• 10 years

• 20 years

• 30 years

• 40 years

What is the primary focus of the division led by the new CEO?

• Technology

• Asset Management

• Marketing

• Human Resources

What does the asset management business include?

• Only infrastructure investments

• Only currency management

• Only traditional asset classes

• Both infrastructure and traditional asset classes

How does Macquarie describe its asset management division?

• A volatile business

• An annuities business

• A high-risk venture

• A short-term investment

What is a key challenge for the new CEO?

• Expanding into new markets

• Maintaining company health amid external pressures

• Reducing the workforce

• Increasing short-term profits