John McFarlane

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John McFarlane
John McFarlane.jpg
Born14 June 1947 (1947-06-14) (age 72)
Alma materUniversity of Edinburgh
London Business School

John Thomas McFarlane OBE (born 14 June 1947) is a British businessman. He served as Group Chairman of Barclays from 2015 to 2019.

Early life[edit]

He was born in Dumfries and attended Dumfries Academy, he was educated at the University of Edinburgh, Cranfield and the London Business School.


He began his career in manufacturing with Ford of Europe in 1969, subsequently having a career in banking, he spent eighteen years with Citibank, ultimately as head of Citibank in Ireland and the United Kingdom.[2] In 1993 he became Group Executive Director of Standard Chartered Plc. based in London and Hong Kong. He was Chief Executive of the Australia and New Zealand Banking Group Ltd. (ANZ), one of Australia's leading banks, after a decade of service, during which time he turned around the financial performance of the bank, and spearheaded an effort, called "Breakout", to transform the Bank. He retired in 2007.[3]

In October 2008 he joined the board of the Royal Bank of Scotland as a non-executive director,[4] he was appointed to the board of Aviva plc in September 2011 and became Chairman in July 2013.[5] He was previously deputy chairman and chairman designate and became executive deputy Chairman in May 2012, he 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 United Kingdom, 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. In December 2013 he was appointed Chairman of FirstGroup.[6]

Most recently he has been appointed as Chairman of Barclays and joined the board with effect from 1 January 2015,[7][8] he was appointed executive chairman of Barclays in July 2015 until a permanent replacement could be found for their departing chief executive Antony Jenkins.[9] He is also chairman of TheCityUK.

McFarlane contributed to an anthology of writing that was published in October 2018 and produced by Labour in the City, which examines the challenges facing the banking sector a decade on from the financial crisis.[10]


He has been awarded the OBE, the Australian Centenary Medal and the inaugural Cranfield Distinguished Alumnus award, he has banking and securities fellowships in the UK, Australia and Hong Kong and is a Fellow of the Royal Society of Arts.


  1. ^ "John MCFARLANE - Personal Appointments (free information from Companies House)". Companies House. Retrieved 5 June 2018.
  2. ^ RBS profile: John McFarlane
  3. ^ No more Sekrets for McFarlane
  4. ^ Royal Bank of Scotland shakes up boardroom with new directors
  5. ^ Aviva plc Board of Directors - John McFarlane
  6. ^ FIRSTGROUP PLC - Directorate Change
  7. ^ John McFarlane to succeed Sir David Walker as Barclays Chairman
  8. ^ Barclays appoints Aviva’s John McFarlane as chairman
  9. ^ "Barclays sacks chief executive Antony Jenkins". BBC. BBC. 8 July 2015. Retrieved 8 July 2015. Barclays' chairman John McFarlane has been appointed executive chairman until Mr Jenkins' successor is appointed.
  10. ^ Clark, Andrew (1 November 2018). "We must turn the page on the public perceptions of finance". Retrieved 6 November 2018.
Business positions
Preceded by
Sir David Walker
Group Chairman of Barclays plc
23 April 2015 – 1 May 2019
Succeeded by
Nigel Higgins
Preceded by
Antony Jenkins (as Group Chief Executive)
Executive Chairman of Barclays plc
17 July 2015 – 1 December 2015
Succeeded by
Jes Staley (as Group Chief Executive)