John McFarlane confirmed as new Westpac chair

ANZ/westpac/John-McFarlane/Barclays/appointment/ASX/australian-securities-exchange/lindsay-maxsted/

23 January 2020
| By Mike |
image
image
expand image

Former ANZ Group chief executive, John McFarlane has been announced as the chair-elect of Westpac.

The bank confirmed to the Australian Securities Exchange (ASX) today that McFarlane would commence his role as a non-executive director in February and succeed Lindsay Maxsted as chair on 2 April.

McFarlane was most recently chair of Barclays in London.

The big banking group said that as chair-elect, McFarlane would be responsible for appointing a permanent chief executive.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS