Shemara Wikramanayake is an Australian businesswoman and Managing Director & Chief Executive Officer at Macquarie Capital Europe Ltd, Macquarie Investment Management Ltd, and Macquarie Investment Management Global Ltd, and a Chief Executive Officer, MD & Executive Director at Macquarie Group Ltd. She replaced Nicholas Moore on 1 December 2018. Prior to this, Wikramanayake was the group head of Macquarie Asset Management.
Nicholas Moore today announced his retirement effective November 2018. He will be succeeded as Macquarie Group Managing Director and CEO by Shemara Wikramanayake. https://t.co/dbEIA4H4w2 pic.twitter.com/0kDfgiEtry
— Macquarie Group (@Macquarie) July 25, 2018
She is on the Board of Directors at Macquarie Bank and Macquarie Group Ltd.
Shemara Wikramanayake Age
She is 57 years old.
Shemara Wikramanayake Personal Life
Shemara Wikramanayake was born in England, where her Sri Lankan father was a doctor. She attended a state school in London before the family moved to Australia, where she went to Ascham School.
Shemara Wikramanayake Education
She studied commerce and law at the University of New South Wales.
Shemara Wikramanayake Career
Shemara Wikramanayake joined Macquarie in 1987 and worked in Macquarie Capital for 20 years. As Head of the Macquarie Infrastructure and Real Assets business in New York for four years from 2004, she led the establishment of Macquarie’s infrastructure funds in the US and Canada. Before that, Ms. Wikramanayake led Macquarie Capital’s prudential team for four years, reviewing all transactions in which the business took a principal position.
— Yahoo Finance Australia (@YahooFinanceAU) November 18, 2019
In July 2018, Macquarie appointed her as CEO, making her the first woman to head the company. She will assume the post in November 2018. Since joining Macquarie in 1987, Wikramanayake has roles in corporate services to heading its prudential function, a job that saw her review all transactions in which the investment bank took a principal position. She also established infrastructure funds in North America, led the asset management branch, and became chair of the group foundation focusing on philanthropy. Being as CEO of the world’s largest infrastructure asset manager, she wants to bring more women into finance.
She also established and led Macquarie’s corporate advisory offices in New Zealand, Hong Kong, and Malaysia.
Shemara Wikramanayake Net Worth
Having taken over as CEO of Macquarie late last year, Shemara Wikramanayake is officially the first woman to sit atop the roughly $28 billion investment bank. In 2019, the Australian executive turned her eye to climate change, becoming one of only three global CEOs to be named a commissioner of the World Bank’s Global Commission on Adaptation. Leveraging Macquarie’s roughly $82 billion infrastructure funds, Wikramanayake is pushing for more investment in environmentally-friendly and resilient development. To boot, the CEO spearheaded the move to raise an additional $680 million for investment in renewables and technology, which was completed in August.
She earns more than $346k a week.
Shemara Wikramanayake: Australia’s highest-paid CEO News
A woman has been named the highest-paid CEO in Australia for the first time in history.
Macquarie Group chief executive Shemara Wikramanayake earned $18million during the 2018/19 financial year – $5million more than the next corporate boss.
Australia’s highest-paid boss is a woman – Macquarie CEO Shemara Wikramanayake https://t.co/Qx7TGI9Ibq
— Stuff (@NZStuff) November 18, 2019
The 57-year-old was one of just four women to make the top 50 in OpenDirector’s annual CEO pay report for the Australian Financial Review.
Macquarie Group CEO Shemara Wikramanayake has officially become Australia’s highest-paid CEO.
She earned a base salary of $722k but her remuneration package ascended with performance bonuses and share options.
This year, she was also named one of Fortune’s ‘Most Powerful Women’ for her work on climate change and role with the World Bank’s Global Commission on Adaptation.
Other women to make the top 50 list included Coca-Cola Amatil CEO Alison Watkins, who earned $4.1million, Mirvac Group’s Susan Lloyd-Hurwitz on $4.8million and Fortescue Metals boss Elizabeth Gaines on $5million.
Facts You Need To Know
- The Macquarie Group topped the most recent list for the highest-paid CEO for 2019
- Only five CEOs in Australia earned over $10million in the salary rankings
- Gregory Goodman, CEO of property company Goodman, came in second with a total pay packet of $12.8million
- Third place went to biotech company CSL’s CEO Paul Perreault with $11.7million, while fourth was Treasury Wine Estate CEO Michael Clarke, with $11.4 million
- Rounding out the five highest-paid CEO’s list was BHP’s Andrew Mackenzie with $10.5 million.