Aviva to hire Oz bank chief as chairman-reports

His appointment, subject to FSA approval, will end a 10-month search to replace Lord Sharman, the Sunday Telegraph reports. The paper understands McFarlane has been approved by the board's appointments committee and the board. It is thought once FSA approval is received, the company will formally announce McFarlane is to join the board as a non-executive director with immediate effect. He will then replace Lord Sharman later in the year. McFarlane was previously a non-executive director of the Royal Bank of Scotland, and an executive director of Standard Chartered. However, he m...