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Macquarie CEO Shemara Wikramanayake named AFR Business Person of the Year

Shemara Wikramanayake’s leadership has led to record profit and a prime position in the energy transition, making her the third prominent Macquarie banker to top the AFR list.

ASX LIVE: Australian shares poised to rise, Jerome Powell sparks broad Wall Street rally

Australian shares trading up 1.2 per cent as traders cut bets on Fed peak rate, tech, materials surge; Domino’s to raise $165m; Cosmos enters administration; Downer names CEO; Warrego to consider Hancock offer. ACCC raises Cochlear-Oticon concerns. Follow for updates.

BOQ: George Frazis removal as Bank of Queensland CEO leaves mess for the group

At the heart of the immediate removal of Bank of Queensland chief executive George Frazis are differences over style and strategy.

George Frazis departing as BoQ CEO continues 3-year curse for bank

George Frazis was to be the rock star Westpac recruit to turn around BoQ. But his rapid departure continues a decade of executive turnover at the bank.

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