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 individual been with the company?

What significant role is the individual being groomed for?

What does the asset management division contribute to Macquarie's profits?

What types of businesses does Macquarie refer to as annuities businesses?

What challenges does the individual face in leading the company?