Macquarie boss Moss steps down

The long-serving head of the Australian firm, Allan Moss, steps down to be replaced by Nicholas Moore. Macquarie's share price tanks in bearish market.

Allan Moss will retire in May after 15 years at the helm of the Australian financial services business Macquarie Group. Moss will be replaced by the current head of Macquarie Capital, Nicholas Moore.

The chairman of the Macquarie group, David Clarke, made the announcement on February 6. Moore has been appointed to the board of Macquarie Group with immediate effect.

Shareholders reacted negatively to the news and Macquarie Group shares lost almost 8% during the course of Wednesday's trading the...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: macquarie | allan moss | nicholas moore

Print Edition

FinanceAsia Print Edition

EVENTS