Macquarie Group Ltd
(ASX:MQG) has appointed former Insurance Australia Group CEO Michael Hawker to its board.
Mr Hawker, who was CEO and Managing Director of IAG from 2001 to 2008, joins the investment bank as an independent non-executive director.
Previously, he was General Manager of Financial Markets at Westpac, and Group Executive of Business and Consumer Banking.
His experience in financial services includes 11 years with Citibank in Australia and the UK.
Mr Hawker is a director of Aviva Plc Group, the largest insurance services provider in the UK, and the Australian Rugby Union.
His appointment brings the investment bank’s board membership to nine.
Macquarie Group booked a profit of $871 million for the 12 months to March 30, 2009.
