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Former Lehman chief to head up Macquarie Europe

Australian investment and adviser group Macquarie has appointed former Lehman Brothers chief operating officer Benoit Savoret to head up its European operations.

Savoret, now chief executive and head of Europe, Middle East and Africa at Macquarie, will run a team of more than 1450 people in 17 offices across 12 countries in the regions, including the UK.

Before joining Lehman Brothers, Savoret worked for Societe Generale in the US, UK and Asia.

Macquarie group chief executive Nicholas Moore says: “Benoit brings substantial management and leadership experience across equities, fixed income, investment banking and asset management activities.”

Former Macquarie head of Europe Andrew Hunter will be returning to Australia during the course of the year and until then, will continue to lead Macquarie Capital in Europe.

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