The Aberdeen-based businessman and philanthropist Sir Ian Wood has died aged 84, his household has introduced.
Sir Ian was one of many UK oil and fuel trade’s most revered leaders, who turned his household’s fishing boat restore yard into a world engineering participant within the North Sea and internationally.
He retired as chief government in 2006 and a 12 months later started concentrating on his charitable work, creating The Wood Foundation, which works on social and financial inequality, particularly in Scotland and sub-Saharan Africa
His household stated he died peacefully at house and they might keep in mind his “kindness, generosity, determination and unwavering commitment to his family.”
Sir Ian was one of Scotland’s wealthiest people, with a private value estimated at £1.8bn.
At its peak, the Wood Group was valued at greater than £5bn, finishing up work within the power trade all over the world. It went public in 2002 and was sold to a Dubai company final 12 months.
Sir Ian, who retired as chairman of the group in 2012, was knighted in 1994 for companies to the oil and fuel trade and was later made a member of the Order of the Thistle, Scotland’s highest order of chivalry.
