John McFarlane confirmed as new Westpac chair
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.
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
