Jane Magill is a Managing Director in Macquarie’s Commodities Markets and Finance business. Jane is a passionate champion and advocate for gender equality. She is Chair of ‘Balance’ Macquarie’s employee network for gender equality and has made a significant contribution to diversity and inclusion across Macquarie Group.
Jane Magill
Jane Magill

Jane has worked tirelessly to promote and inspire women within Macquarie but also in commodities and finance more broadly. She engages directly with senior management to establish programs, such as the returner program and the Senior Manager mentoring programme, which support and engage women, helping them to progress professionally within finance. She has also hosted numerous events aimed at women of all levels, both within and outside Macquarie, including university students in STEM fields, senior managers, women in commodities, and more.

Jane has been shortlisted for the Champion for Women Award.

Tell us about your day to day role

I work in the Commodities and Finance division and have the fantastic privilege of a broad and wide ranging role that splits broadly into two parts. I manage and am a director of a number of investments in physical commodity trading business and the other half of my role centres on taking new business initiatives and turning them into reality as ongoing businesses. I really enjoy how my role gives me huge variety and a never-ending source of work.

You have been heavily involved in the Macquarie Returners Programme which has now been launched in America, Australia and India. Do you have further ambitions for the programme?

I have just returned from our insight event for the fourth cohort of returners and once again I was struck by how much talent is out there; untapped, enthusiastic and just looking for an opportunity to return to the workforce. We are really looking forward to this year’s programme and expanding the number of areas who have been exposed to the potential of Returners.

Targeting Returners is a brilliant concept and one I hope and expect that we will continue to develop around the world. Here in London we have extended the term of our programme this year to a five month programme, and we think this will be really valuable; giving our returners the opportunity to really get settled in and be in a position to show what they can bring to the business.

Going forward we are also looking to incorporate the returner concept into our ongoing recruitment processes as one more channel for us to be sourcing the best talent for all our roles.

How did you get into the banking and finance industry?

I got into banking and finance by pure chance. I had decided that I was not going to be a research scientist after all – I was much better at solving the problems than patiently collecting the data, and so I turned up to a banking presentation on a whim. The fast pace and drive appealed to me and so I thought I would give it a go. I have never regretted it.

What would you tell the 18 year old you knowing what you know now with regards to your career?

This is a question that is close to my heart as one of my children is just about to turn 18. I strongly believe that success is a result of seizing a few opportunities, having a bit of luck but most of all by working really hard and being willing to learn. So the most important thing is to find something that interests and motivates you. All of our careers are going to be long and have different phases so I don’t think it is worth worrying about where you are going to end up - you have got to enjoy the journey. I have been immensely privileged to have a career that has taken me around the world and I have been plunged in the deep end, learning entirely new things more times than I can remember and that continues to thrill me.

What is your favourite business book and why?

My favourite business book for a while has been What Works – Gender Equality by Design by Iris Bohnet. The challenge of finding strategies that really move the needle for gender balance is well known and this books offers practical and well researched interventions. I also find behavioural economics a fascinating area and if I was going to go back to university that is what I would love to study.

If you could take a month off to go travelling, where would you go and what would you see?

I can’t wait to go the Galapagos. I studied Natural Sciences at university and it is a biologist’s dream location. I am also a keen scuba diver, and diving amongst the swirling hammerheads that the Galapagos are famous for is top of my bucket list.