John McFarlane: A Business Leader's Journey

John McFarlane's journey as a business leader is a fascinating one. He was born in 1947 in New Zealand.

McFarlane's early career was marked by a stint at IBM, where he worked in various roles. He later moved to the UK to join the accountancy firm Arthur Young.

McFarlane's leadership style was shaped by his experiences in these early roles. He has spoken about the importance of taking calculated risks and being prepared to adapt to changing circumstances.

In 2011, McFarlane joined the board of Barclays, where he served for six years.

John McFarlane began his career in manufacturing with Ford of Europe in 1969.

He then transitioned to a career in banking, spending eighteen years with Citibank, ultimately as head of Citibank in Ireland and the United Kingdom.

In 1993, he became Group Executive Director of Standard Chartered Plc. based in London and Hong Kong.

Here are some key positions he held in his banking career:

In 2007, he retired from his role as CEO of ANZ Banking Group.

John McFarlane's early life was marked by a strong foundation in education. He attended the University of Melbourne, where he earned a Bachelor of Commerce degree.

Growing up, John was instilled with a love of learning that served him well throughout his academic career.

John McFarlane began his career in manufacturing with Ford of Europe in 1969, before transitioning to banking.

He spent eighteen years with Citibank, ultimately becoming the head of Citibank in Ireland and the United Kingdom.

McFarlane then joined Standard Chartered Plc. as Group Executive Director, based in London and Hong Kong, in 1993.

Here are some of the key business positions he has held:

McFarlane also served as a non-executive director on the board of the Royal Bank of Scotland, and as chairman of Aviva plc, after being appointed in 2011.

John McFarlane took over as president of Aviva in an official capacity. He had previously joined the company in 2011 as an administrator and then became deputy chairman early in the year.

McFarlane's experience as interim CEO after Andrew Moss's departure in May will likely be valuable in his new role. Moss stepped down following a shareholder revolt over his compensation.

Aviva will unveil its new strategy on July 5th, during a day dedicated to investors.

Andrew Moss, the former CEO of Aviva, stepped down as Chairman in 2012 after serving for nearly three years.

Andrew Moss was succeeded by John McFarlane, who took over as Chairman in 2012 and served until 2015.

John McFarlane was succeeded by Mark Wilson, who became the Chairman of Aviva in 2015 and served until 2018.

Mark Wilson was succeeded by Mark Wilson's current successor is Maurice Tulloch, who took over as Chairman in 2018 and is still in the position.

Maurice Tulloch has led Aviva through significant changes, including the creation of a new strategic direction and the appointment of a new CEO.

The Aviva Board of Directors has a mix of experienced and independent non-executive directors, with a strong focus on governance and risk management.

The Board's composition is designed to provide a balanced perspective and ensure that the company is well-governed and managed.

As a result of this approach, Aviva has been able to navigate significant challenges and achieve its strategic objectives.

The company's leadership has been able to adapt to changing market conditions and customer needs, while maintaining a strong focus on long-term sustainability.

John McFarlane took over as the president of Aviva, bringing with him valuable experience from his time as a simple administrator at the company since September 2011.

He had previously become deputy chairman at the beginning of the year and was propelled to interim CEO in May after the departure of Andrew Moss, who stepped down due to a shareholder revolt over his compensation.

A strategic review of the company's activities was announced by McFarlane, with the next steps to be revealed on July 5th during a dedicated investor day.

Between 10 and 15 of Aviva's 57 departments will be sold or abandoned over time, with the US division potentially being one of them, according to the Sunday Times.