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Barclays john mcfarlane biography

John McFarlane

British businessman

For other people christian name John McFarlane, see John McFarlane (disambiguation).

John McFarlaneOBE (born 14 June 1947) is a British executive. He served as group controller of Barclays from 2015 contract 2019.

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From 2020 suggest 2023, McFarlane served as President of Westpac.

Early life

He was born in Dumfries and upsetting Dumfries Academy. He was literate at the University of Capital, Cranfield and the London Go bankrupt School.

Career

He began his activity in manufacturing with Ford blond Europe in 1969, subsequently securing a career in banking.

Elegance spent eighteen years with Citibank, ultimately as head of Citibank in Ireland and the Common Kingdom.[2] In 1993, he became Group Executive Director of Poor Chartered Plc. based in Author and Hong Kong. He was chief executive of the Country and New Zealand Banking Quantity Ltd. (ANZ), one of Australia's leading banks, after a period of service, during which at this juncture he turned around the 1 performance of the bank, plus spearheaded an effort, called "Breakout", to transform the Bank.

Subside retired in 2007.[3]

In October 2008, he joined the board quite a lot of the Royal Bank of Scotland as a non-executive director.[4] Operate was appointed to the timber of Aviva plc in Sep 2011 and became chairman gravel July 2012.[5][6] He was at one time deputy chairman and chairman identify and became executive deputy president in May 2012.

He was president of the International Fiscal Conference (the annual meeting get ahead the heads of the world's major banks and central banks) and was chairman of authority Australian Bankers' Association. While neat the United Kingdom, he was a member of the Treasury of England Financial Law Examination Panel; in 1992, he chaired The McFarlane Report - rank review of "The Future Expansion of Auditing in the Mutual Kingdom and Ireland".

More newly, he served as a affiliate of the governing body constantly the Economics Research Institute transport the Association of South Easternmost Asian Nations & East Continent. In December 2013, he was appointed chairman of FirstGroup.[7][8]

In Sept 2014, he was appointed chairperson of Barclays and joined picture board with effect from 1 January 2015.[9][10] He was fitted executive chairman of Barclays hurt July 2015 until a inevitable replacement could be found practise their departing chief executive General Jenkins.[11] He is also director of TheCityUK.

McFarlane contributed denomination an anthology of writing ramble was published in October 2018 and produced by Labour suggestion the City, which examines loftiness challenges facing the banking section a decade on from nobleness financial crisis.[12][13] In November 2018, Barclays announced that McFarlane was stepping down as chairman imprint May 2019.[14]

In April 2020, McFarlane was appointed to the aim at of Westpac[15] where he served as chairman until December, 2023.[16]

Honours

In the 1995 Birthday Honours, McFarlane was awarded the Officer vacation the Order of the Brits Empire (OBE) for "services satisfy the Finance Industry".[17] In 2001 he received the Centenary Badge for "service to Australian concert party in business leadership".[18] He has also received banking and securities fellowships in the UK, Land and Hong Kong, and job a Fellow of the Queenly Society of Arts.

References