Macquarie Names Sorbara, COO of New Operations Group
Published October 29, 2012
Categories: Personnel Announcements
Macquarie Group announced that Nicole Sorbara, current head of the corporate services group (CSG), has been appointed chief operating officer and will lead the newly formed corporate operations group (COG), which will bring together the divisions of CSG and market operations and technology group (MOT), effective January 1, 2013, when she will also join Macquarie’s executive committee.
Macquarie said Nigel Smyth, current head of MOT, will retire from his position effective January 1, 2013.
The formation of the COG is the logical next step in the evolution of Macquarie’s service and support operating model, providing further efficiency and integration benefits, Macquarie noted.