Bill Moss has stepped down as head of the Macquarie banking and property group after over two decades with the bank.
Moss, who will leave in late March, has built a business with $23 billion under management globally and 1600 staff.
"When Bill started in 1984, he started with a team of two and proceeded to build what has become a dynamic global business earning hundreds of millions every year," Macquarie chief executive Alan Moss said.
Moss' role will be split in two. The head of the group's real estate division, Stephen Girdis, will become head of the new real estate group. Tony Gill, currently head of the banking and securitisation divisions, will lead the new banking and securitisation group.
"In the next few weeks I will be thanking people around the world for the inspiration and support they gave me. Then I will take a holiday," Moss said.
