People: Aviva PLC (AV.L)
30 Jan 2015
Mr. John McFarlane is no longer a Non-Executive Chairman of the Board of the Company effective April 2015. He has extensive experience in banking, including investment, corporate and retail banking, and in general management, insurance, strategy, risk and cultural change. He is Chairman of FirstGroup plc (transport operator), Westfield Holdings Ltd (retail mall developer and operator) and Old Oak Holdings Ltd (financial holding company). Previously, John was Chief Executive Officer of Australia and New Zealand Banking Group Ltd (ANZ) (banking) for 10 years between 1997 and 2007. Before joining ANZ, John was a group Executive Director at Standard Chartered plc (banking). Prior to this, John was Managing Director of Citicorp Investment Bank Ltd and later head of Citicorp and Citibank in the UK and Ireland (banking). He was formerly a Non-Executive Director of National Westminster Bank plc (banking), The Royal Bank of Scotland Group plc (banking), the London Stock Exchange and Capital Radio plc (media). He was also a Non-Executive Director of The Securities Association (UK securities regulator), the Auditing Practices Board (auditing regulator) and the Business Council of Australia. John was president of the International Monetary Conference (the annual meeting of the heads of the world’s major banks and central banks) and was chairman of the Australian Bankers' Association. While in the UK, he was a member of the Bank of England Financial Law Review Panel and in 1992, he chaired The McFarlane Report - the review of “The Future Development of Auditing in the United Kingdom and Ireland.” More recently, he served as a member of the governing body of the Economics Research Institute for the Association of South East Asian Nations & East Asia.
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