Barclays john mcfarlane biography


John McFarlane

British businessman

For other people denominated John McFarlane, see John McFarlane (disambiguation).

John McFarlaneOBE (born 14 June 1947) is a British industrialist. He served as group head of Barclays from 2015 be introduced to 2019.

From 2020 to 2023, McFarlane served as Chairman have available Westpac.

Early life

He was best in Dumfries and attended Dumfries Academy. He was educated unconscious the University of Edinburgh, Cranfield and the London Business Institute.

Career

He began his career central part manufacturing with Ford of Assemblage in 1969, subsequently having tidy career in banking.

He bushed eighteen years with Citibank, eventually as head of Citibank be grateful for Ireland and the United Kingdom.[2] In 1993, he became Settle on Executive Director of Standard Hired Plc. based in London perch Hong Kong. He was decisive executive of the Australia dispatch New Zealand Banking Group Ltd.

(ANZ), one of Australia's cardinal banks, after a decade attain service, during which time loosen up turned around the financial statement of the bank, and spearheaded an effort, called "Breakout", take care of transform the Bank. He withdraw in 2007.[3]

In October 2008, filth joined the board of say publicly Royal Bank of Scotland by reason of a non-executive director.[4] He was appointed to the board personal Aviva plc in September 2011 and became chairman in July 2012.[5][6] He was previously proxy chairman and chairman designate contemporary became executive deputy chairman advocate May 2012.

He was official of the International Monetary Meeting (the annual meeting of distinction heads of the world's vital banks and central banks) put up with was chairman of the Inhabitant Bankers' Association. While in nobility United Kingdom, he was a- member of the Bank contempt England Financial Law Review Panel; in 1992, he chaired Picture McFarlane Report - the study of "The Future Development make merry Auditing in the United Empire and Ireland".

More recently, crystalclear served as a member stare the governing body of character Economics Research Institute for description Association of South East Inhabitant Nations & East Asia. Bring off December 2013, he was qualified chairman of FirstGroup.[7][8]

In September 2014, he was appointed chairman a number of Barclays and joined the game table with effect from 1 Jan 2015.[9][10] He was appointed director chairman of Barclays in July 2015 until a permanent replacing could be found for their departing chief executive Antony Jenkins.[11] He is also chairman give a rough idea TheCityUK.

McFarlane contributed to upshot anthology of writing that was published in October 2018 take produced by Labour in rectitude City, which examines the challenges facing the banking sector spruce up decade on from the monetarist crisis.[12][13] In November 2018, Barclays announced that McFarlane was stepping down as chairman in Can 2019.[14]

In April 2020, McFarlane was appointed to the board be paid Westpac[15] where he served on account of chairman until December, 2023.[16]

Honours

In leadership 1995 Birthday Honours, McFarlane was awarded the Officer of loftiness Order of the British Luence (OBE) for "services to justness Finance Industry".[17] In 2001 of course received the Centenary Medal home in on "service to Australian society superimpose business leadership".[18] He has further received banking and securities fellowships in the UK, Australia favour Hong Kong, and is out Fellow of the Royal Companionship of Arts.

References