Macquarie Group Appoints New Chief Investment Officer

David Carruthers has been appointed as Chief Investment Officer – Wealth Management at Macquarie Group. He will lead investment strategy and oversight for the group's Wealth Management business. He brings more than three decades of experience across investment management, fixed income, credit markets and financial services. His appointment strengthens Macquarie's investment leadership with deep expertise in portfolio management and market strategy. Before this appointment, David served as Head of Fixed Income and Investment Strategist at Macquarie Group, leading the Fixed Income team within the Office of the CIO. He previously spent 14 years at AMP Capital, including roles as Head of Credit & Core, Global Fixed Income and Senior Portfolio Manager – Head of Credit Portfolio Management. Earlier, he worked at AMP Henderson Global Investors as Portfolio Manager, Credit Markets and Money Market Dealer. His career also includes experience as an Investment Analyst and Trader at GIO Asset Management. He began his career at Westpac Institutional Banking Corporation in Financial Markets, working in the Middle Office for Interest Rates. His professional journey spans Macquarie Group, AMP Capital, AMP Henderson Global Investors, GIO Asset Management and Westpac.