Billionaire Scot calls it a day
After almost two decades of leadership, Sir Ian Wood has today (24 January) announced he is stepping back as the Wood Foundation as chairman.
Wood, who founded the charity in 2007, has played a pivotal role in shaping its work delivering services and positive outcomes across Africa and the UK.
Under his stewardship, the Wood Foundation has become a leader in philanthropy, empowering communities, fostering education and enterprise, and driving sustainable development.
The foundation’s initiatives, such as supporting tea farmers in Sub-Saharan Africa and championing education programmes in Scotland, have created lasting opportunities and improved countless lives.
Reflecting on his time as chairman, Wood said: “It has been an immense privilege to lead this extraordinary organisation and work alongside such dedicated and passionate individuals.
“Together, we have transformed lives and built a legacy of positive change that will resonate for generations to come both in the UK and overseas.”
Garreth Wood, Ian Wood’s son, will assume the role of chairman. Garreth brings extensive experience to the position, as he is currently also the chairman of Kids Operating Room, a charity that provides life-saving surgeries to children.
Ian Wood expressed his confidence in the transition, saying: “Garreth has a strong proven track record in leading a large international NGO. His experience, values, and dedication make him the ideal person to guide the Wood Foundation’s future. I am excited to see how, under his leadership, the Foundation will continue to expand its impact.”
Although stepping down as chairman, Ian will remain closely connected to the organisation in his new role as founder and president of The Wood Foundation.
He will continue to serve as a irustee, alongside Lady Helen Wood and Graham Good, supporting Garreth and the team in their efforts to build on the foundation’s successes.
Garreth Wood shared his thoughts on taking on the role: “It is an honour to follow in my father’s footsteps as chairman of The Wood Foundation.
“I am inspired by the incredible legacy he has created and look forward to continuing the foundation’s work to empower communities and create sustainable opportunities for those we serve.”
