He joins current CAF Head Garry Farrell, who has led the businesses since 2000.
In his new role, Brazil will continue to focus on CAF’s lending business with Garry primarily responsible for CAF’s leasing business. Garry will continue to represent CAF on Macquarie’s Executive Committee.
Brazil originally joined Macquarie in 1994 and has more than 17 years experience operating across a range of business lines and geographies. He rejoined Macquarie in London in early 2009, responsible for the further development of CAF’s Lending division.
Macquarie Group Chief Executive Officer Nicholas Moore said, 'Ben has led the growth in CAF’s lending business. This appointment recognises his proven ability to develop a global business in uncertain economic conditions'.