Peter Warne to chair Macquarie Group

Investment banker Peter Warne has been appointed non-executive chairman of the boards of Macquarie Group and Macquarie Bank effective 31 March 2016. Warne will replace outgoing chair, Kevin McCann.

Warne has extensive board experience and is chairman of ALE Property Group and OzForex Group. He is also a director of NSW Treasury Corporation, a member of the advisory board of the Australian Office of Financial Management and a patron of Macquarie University Foundation.

Listed education provider, Academies Australasia Group (AAG) has announced the resignation of non-executive director, Raphael Geminder. AAG is a 100-year old education company with 14 providers across NSW, Victoria, Queensland and Singapore.

The news follows AAG’s purchase of Spectra Training for $15.75 million in July 2014, a joint venture between Geminder and Gary Cobbledick. Geminder’s resignation is effective immediately.