Macquarie Names Former Central Bank Chief Stevens as Chairman

Glenn Stevens in 2016.

Photographer: Brendon Thorne/Bloomberg

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Macquarie Group Ltd. said former Reserve Bank of Australia Governor Glenn Stevens will become its new chairman.

Stevens, who led the central bank from 2006 to 2016, starts in the role in early May 2022, according to a statement Thursday. He’s been an independent voting director of Macquarie since 2017 and has chaired the board’s risk committee since November 2019. Stevens will replace Peter Warne, who had previously announced his decision to retire.