John McFarlane 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.[1]
A native of Dumfries, Scotland, McFarlane began his career in manufacturing with Ford of Europe in 1969, and subsequently had a long and distinguished career in banking. He spent 18 years with Citibank, ultimately as head of Citibank in the UK & the Republic of Ireland.[2] In October 2008 he joined the board of the Royal Bank of Scotland as a non-executive director.[3]
In 1993 he became Group Executive Director of Standard Chartered Plc. based in London and Hong Kong.