He joins the bank from Morgan Stanley where he was head of global commodities research for three years.
During his extensive career in mining and investment banking, he has held senior global commodity analyst positions at UBS, Bank of America Merrill Lynch and Citi Group and was also an analyst at AME Mineral Economics.
Prior to this, he worked as an exploration geologist in Australia, Kazakhstan, Uzbekistan and Russia.
Price replaces Colin Hamilton, who left Macquarie in June, and will report to chief economist and head of macro research Ric Deverell and head of European research Shai Hill.
