Macquarie names ex-Lehman executive to head EMEA

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MELBOURNE, March 2 | Mon Mar 1, 2010 5:06pm EST

MELBOURNE, March 2 (Reuters) - Macquarie Group (MQG.AX), Australia's top investment bank, appointed a former Lehman Brothers executive to head its Europe, Middle East and Africa operations, in a new role with responsibility for 12 countries.

Benoit Savoret, most recently chief operating officer for Lehman's Europe and Middle East businesses, will head Macquarie Group and all its securities activities in the region, including sales, research, sales trading and derivatives.

He replaces Andrew Hunter, who will continue to lead Macquarie Capital in Europe until he returns to Australia some time this year. (Reporting by Sonali Paul; Editing by Balazs Koranyi)

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