Macquarie CEO Shemara Wikramanayake Named Business Person Of The Year

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Shemara Wikramanayake has been honoured and included in the Financial Review’s list of influential leaders, innovators, visionaries and motivators. This marks her as the third Macquarie banker recognised for their extraordinary efforts.

The Australian Financial Review has anointed Shemara Wikramanayake as the Business Person of the Year for her incredible achievement in driving a record 2022 profit and establishing Macquarie at the forefront of the global energy transition.

By receiving this award, she will join the ranks of Nicholas Moore and David Clarke in being featured on The Australian Financial Review’s list of leaders, builders, pioneers and stirrers who have substantially impacted Australia’s business environment since 1963. This was when The Financial Review was first published as a daily newspaper.

The esteemed list of bankers and financiers includes Sir Ian Potter, Gail Kelly, Bob Joss, Bill Ferris and Don Argus.

Guided by Ms Wikramanayake, Macquarie’s banking, funds management and energy trading businesses are now poised to benefit from the predicted $US2 trillion ($2.95 trillion) investment into renewable infrastructures in the next five years.

Ms Wikramanayake and Macquarie have set a benchmark in the international finance sector, driving collaborations, dialogues, and advocacy that advance climate change efforts.

Since 2010, Macquarie has committed or arranged a whopping $65 billion towards green projects. Its most recent endeavour is an exciting partnership with the UN’s Green Climate Fund to promote electric vehicles and their associated charging infrastructure in India.

Ms Wikramanayake has issued her plea for a “smooth shift” to an economy based on reduced carbon emissions, while Macquarie finances solar power, offshore wind turbines, and hydrogen-powered projects.

“On the contrary, it is an immense challenge that requires us to find viable solutions for 2050; alas, we do not currently have answers across all industries,” Ms Wikramanayake shared. “Alternatively, if we were to switch off conventional energy sources and transportation systems, our lives would be significantly disrupted.”

In the last four years, Macquarie’s CEO has generated a remarkable 58% surge in net earnings to $4.7 billion and an impressive 40% rise in net operating income to $17.3 billion.

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