Macquarie Group Management Changes Announced
Macquarie’s Head of the Market Operations and Technology Group (MOT), Nigel Smyth, will retire from his position effective 1 January 2013 and work on a part-time basis until he leaves the Group on 1 June 2013.
Nigel was appointed Chief Information Officer in October 2002 and assumed his current role in December 2011. He has played an instrumental role in developing the technology platforms that sustain and support Macquarie’s businesses globally. The Board and management would like to thank Nigel for his hard work and commitment to the Group.
Nicole Sorbara, current Head of the Corporate Services Group (CSG), has been appointed Chief Operating Officer and will lead the newly formed Corporate Operations Group (COG), which will bring together the divisions of CSG and MOT, effective 1 January 2013 when she will also join Macquarie’s Executive Committee.
The formation of the Corporate Operations Group is the logical next step in the evolution of Macquarie’s service and support operating model, providing further efficiency and integration benefits.