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Macquarie Life Company

 

Company Name : ASX: MQG, OTC Pink: MQBKY
Type : Public
Traded As : ASX: MQG, OTC Pink: MQBKY
Industry : Diversified Financials
Founded : 1970
HeadQuarters : No. 1 Martin Place, Sydney, Australia
Key_People : Kevin McCann, Chairman, Nicholas W. Moore, CEO
Products : Financial Services
WebSite : www.macquarie.com.au

Macquarie Life Company started its operation in 1969 as Hill Samuel Australia (HSA), a subordinate of Hill Samuel & Co. Limited, U.K. The company’s merchant bank office in Sydney began in 1970 with just 3 employees.

After removal of government controls from financial markets in 1981, HSA began work on a plan to be converted into a trading bank. On 28 February 1985 the Federal Treasurer of Australia granted authority to HSA to be Macquarie Bank Limited (MBL). And MBL was the 2nd private trading bank to be founded in Australia during the 20th century.

The MBL took charge of all existing activities of HSA and started functioning on 1st March 1985 with a retail branch in Sydney. After a few months a trading branch opened in Melbourne and in Brisbane the branch established in November 1986.

MBL listed its completely paid ordinary shares on the Australian Securities Exchange (ASX) on 29 July 1996 and on 30 October 1996 it entered All Ordinaries Index of ASX with a market capitalization of about $A1.3 billion.

Operations

Presently, with head office at No. 1 Martin Place, Sydney, Australia, Macquarie operates from more than 70 offices in 28 countries across the world.

Products

Macquarie Group provides world class services in various sectors of diversified financial industry such as banking, financial, advisory, investment and funds management.

The company also deals with the following services:

  • Corporate advisory & capital raising
  • Financing
  • Funds management
  • Leasing
  • Research and
  • Trading and hedging

Key People

Top officials who made every effort for success of Macquarie Group of Company are:

  • Chairman - Kevin McCann
  • CEO - Nicholas W. Moore and all Non Executive Directors
  • Kevin McCann AM
  • Gary Banks AO
  • Michael Coleman
  • Patricia Cross
  • Diane Grady AM
  • Michael Hawker AM
  • Nicola Wakefield Evans
  • Peter Warne

Apart from these top positioned officials, more than 14, 200 employees across the globe put their sincere effort to fulfill Macquarie’s ambitions.

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