• Contact
  • Feedback
Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

The Wikramanayake rabbit hunt

24 September 2018 4:16PM
Ever ready for another book, a Bloomberg banking veteran has the first long account of the roots of incoming Macquarie CEO Shemara Wikramanayake. Aaron Patrick, feature writer for the Financial Review, had the tale at the weekend.An elite restoration of an enterprising and resourceful Sri Lankan dynasty; Wikramanayake as colonial officer, it's a better place to start than as first woman CEO of this Hill Samuel offshoot, and hats off on earning the job. Wikramanayake replaces Nicholas Moore as managing director of Macquarie at the end of November.Largely unmolested by the financial services royal commission so far, Moore will be a witness at the upcoming policy - meaning governance - round in Kenneth Hayne's next set of hearings in Sydney in November.Wikramanayake has to be simplifying a few things in Macquarie world, doing much more of what they do best for one and avoiding the Alphabet Inc trap.With Macquarie Bank both needed and optional, Wikramanayake has to build the share price and she may need more than profits to get that done.

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now

Finance regulation

  • States take up the cudgels on eConveyancing
  • Firstmac failed design and distribution rules
  • 'Minimal' bankruptcy reforms tabled by Dreyfus

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con
  • Credit quality dogs Zip turnaround

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use