McFarlane to stay on Westfield board

Company News


John McFarlane has signalled his intention to remain a director of Westfield Group (ASX:WDC) despite taking on a new role as chairman of Aviva.

The former Australia and New Zealand Banking Group (ASX:ANZ) boss has shed many of his key roles to take up the position at Britain’s largest insurer next year.

Aviva had been on a ten-month search to find the right recruit. Mr McFarlane will relocate to London mid-next year.

In the 2010 calendar year Westfield Group posted a net profit of $1.1 billion.


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