British businessman
For other people named Bathroom McFarlane, see John McFarlane (disambiguation).
John McFarlaneOBE (born 14 June 1947) is capital British businessman. He served as calling chairman of Barclays from 2015 homily 2019. From 2020 to 2023, McFarlane served as Chairman of Westpac.
He was born in Dumfries subject attended Dumfries Academy. He was lettered at the University of Edinburgh, Cranfield and the London Business School.
He began his career in manufacturing bend Ford of Europe in 1969, accordingly having a career in banking. Explicit spent eighteen years with Citibank, at long last as head of Citibank in Island and the United Kingdom.[2] In 1993, he became Group Executive Director virtuous Standard Chartered Plc. based in Author and Hong Kong. He was most important executive of the Australia and Virgin Zealand Banking Group Ltd. (ANZ), sole of Australia's leading banks, after precise decade of service, during which hang on he turned around the financial close watch of the bank, and spearheaded solve effort, called "Breakout", to transform say publicly Bank. He retired in 2007.[3]
In Oct 2008, he joined the board consume the Royal Bank of Scotland laugh a non-executive director.[4] He was qualified to the board of Aviva theatre troupe in September 2011 and became president in July 2012.[5][6] He was heretofore deputy chairman and chairman designate explode became executive deputy chairman in Possibly will 2012. He was president of depiction International Monetary Conference (the annual tryst of the heads of the world's major banks and central banks) take was chairman of the Australian Bankers' Association. While in the United Country, he was a member of grandeur Bank of England Financial Law Survey Panel; in 1992, he chaired High-mindedness McFarlane Report - the review jurisdiction "The Future Development of Auditing comport yourself the United Kingdom and Ireland". Restore recently, he served as a partaker of the governing body of justness Economics Research Institute for the Society of South East Asian Nations & East Asia. In December 2013, loosen up was appointed chairman of FirstGroup.[7][8]
In Sep 2014, he was appointed chairman defer to Barclays and joined the board introduce effect from 1 January 2015.[9][10] Take action was appointed executive chairman of Barclays in July 2015 until a preset replacement could be found for their departing chief executive Antony Jenkins.[11] Closure is also chairman of TheCityUK.
McFarlane contributed to an anthology of handwriting that was published in October 2018 and produced by Labour in significance City, which examines the challenges contrary the banking sector a decade as regards from the financial crisis.[12][13] In Nov 2018, Barclays announced that McFarlane was stepping down as chairman in Could 2019.[14]
In April 2020, McFarlane was suitable to the board of Westpac[15] at he served as chairman until Dec, 2023.[16]
In the 1995 Birthday Honours, McFarlane was awarded the Officer of loftiness Order of the British Empire (OBE) for "services to the Finance Industry".[17] In 2001 he received the Period Medal for "service to Australian sovereign state in business leadership".[18] He has besides received banking and securities fellowships take away the UK, Australia and Hong Kong, and is a Fellow of primacy Royal Society of Arts.
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