Macquarie announces more senior hires in Japan

10 June 2008

Macquarie Group today announced the appointment of Ryo Hayakawa as Managing Director and Japan Head of Equity Capital Markets and Jun Ohashi as Senior Vice President to drive Japanese debt activities with responsibility for Debt Structuring and Distribution.

These two senior hires will provide a further boost for the financial services firm’s growth in the region, and complement senior sector hires including Matt Dimond, who joined Macquarie from GE as a Managing Director to lead the property and financial services industry sectors.

Mr. Hayakawa has more than 18 years experience in investment banking and equity capital markets, working in the past for global financial institutions including Goldman Sachs and Deutsche Bank. Mr. Ohashi has also more than 20 years experience working for international and Japanese banks, joining Macquarie from UBS Securities Japan, Ltd. and previously Mizuho Corporate Bank, Ltd. where he spent more than 10 years in project finance.

”The growth of our business in Asia continues to attract the very best people which is crucial to the continuing success of the firm and that of our clients,” said Andrew Low, the Asia Head of Macquarie Capital Advisers. ”Asia continues to be our fastest growing region globally and with these appointments we are now even better prepared to seize the many opportunities we are seeing as they occur.”

Macquarie’s net income from Asia (excluding Australia) grew 71% in the year ended 31 March, 2008. The Group reported record full year net profit after tax of $A1.8 billion, up 23% on the prior year.

The hires follow the appointment in November last year of Arthur Ozeki as Head of Macquarie Capital Advisers Japan, and Nobuo Funabashi as Vice Chairman, Macquarie Capital Advisers Japan.

Mr. Hayakawa and Mr. Ohashi join a team of more than 20 in the Macquarie Capital Advisers business in Japan, which is responsible for the mergers & acquisitions, equity and debt capital markets, and principal investment activities of the Macquarie Group.

Both hires will report to Mr. Ozeki, while Mr. Hayakawa will also report to Mark Warburton, Head of Equity Capital Markets for Asia, and Mr. Ohashi will report to Stephen Panizza, Head of Debt Structuring and Distribution for Asia.

“Ryo will help Macquarie better access the expansive equity investor base in Japan for the purposes of capital raising for our clients, our funds and for principal investments in Japan and elsewhere” said Mr. Ozeki. ”Likewise, with Jun's experience in the Japanese and international debt markets and with local investors, we will be in an excellent position to structure our local and global transactions with capital sourced in Japan.’’

The past 12 months has seen Macquarie advise on some of Asia’s landmark deals, including China Railway Construction Corporation’s US$5.7 billion initial public share sale, the largest sale of shares in Asia this year, and Visa Asia Pacific on the restructuring of Visa.

”Macquarie is well known globally for its ability to structure transactions with local capital, both in terms of equity and debt, and we now have two new leaders for our team here,” said Mr. Ozeki. ”We expect to see similar growth in Japan to what we have experienced in Greater China, Korea, India and the ASEAN countries over the past few years.”

Macquarie has enjoyed growth across its businesses in Asia and globally, reflected in its record earnings for the past 12 months. Macquarie employs more than 160 people in Japan and over 13,200 globally.

For further information, please contact:

Paul Scanlon
Macquarie Group Public Relations, Asia
Tel: (852) 2823 3591
Mobile: (852) 9039 4379

Sonia Tsang
Macquarie Group Public Relations, Asia
Tel: (852) 2823 3762
Mobile: (852) 9193 8494

Elizabeth Cox
Macquarie Group Public Relations, Asia
Tel: (61 2) 8232 1818
Mobile: (61) 447 696 883
Email: elizabeth.cox@macquarie.com

About Macquarie

The Macquarie Group is a diversified international provider of specialist investment, advisory and financial services, with 13,200 employees in 25 countries across Europe, Asia, the Americas, Africa and Australasia.

Macquarie employs approximately 2,090 staff in Asia and around the region offers corporate and structured finance, equity derivatives and structured products, institutional stockbroking and research and property advisory and management services. Macquarie Capital Advisers in Asia provides advisory and capital raising services and undertakes principal and funds investments.

Macquarie is one of the largest full-service finance and investment specialists based in the Asian time zone and is consistently rated as a leading research and equity distribution house for Chinese companies selling shares in North America, Europe and the Asia Pacific.

Macquarie Capital Advisers has teams in most major Asian cities including Hong Kong, Beijing, Shanghai, Singapore, Taipei, Seoul, Mumbai, New Delhi, Kuala Lumpur, Bangkok, Manila and Tokyo.

Disclaimer:  Macquarie Bank Limited ABN 46 008 583 542 is authorised by The Australian Prudential Regulation Authority in the Commonwealth of Australia and The Financial Services Authority in the United Kingdom, to carry out banking business or to accept deposits in those respective jurisdictions. Macquarie Bank Limited and its holding companies including their subsidiaries or related companies (the Macquarie Group) are not otherwise currently authorised to carry out banking business or to accept deposits in any other country.