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Leadership change at Macquarie

The head of Macquarie Group's commodities and global markets division, Andrew Downe, is stepping down from the role. Macquarie announced yesterday that Downe would also leave the group's executive committee, which he has been on for 22 years. He will continue to lead the cash equities business and remain as Asian regional leader of commodities and global markets. Nicholas O'Kane has been appointed group head of the division.

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