Macquarie Private Wealth (MPW) has promoted its CEO, Earl Evans, to a new role where he’ll take over all retail operations of Macquarie North America.
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He remains CEO of MPW in Canada and also becomes the deputy global head of Macquarie Private Wealth worldwide. Having presided over the growth of MPW in Canada since its inception in 2010, Evans will now become the head of Banking and Financial Services (BFS) in Canada, which includes MPW, Macquarie Financial (the mortgages division) and Macquarie Global Investments (the structured products unit).
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Matt Rady, the current head of Macquarie’s retail operations in North America (the BFS division), is returning to Australia.
Eric Schimpf, who leads MPW in Australia, New Zealand and India, will become the global head of MPW and assume responsibility for the firm’s worldwide operations.
All changes are effective immediately.