McInroy & Wood appoints new chief executive

McInroy & Wood is set to appoint Wendy Ferguson as chief executive, taking over from current boss Tim Wood in June 2025, subject to regulatory approval.

From that date, Wood will assume the position of non-executive deputy chair, remaining on the investment committee and continuing to serve as chair of the remuneration and nomination committee and as an ongoing member of the Audit Committee.

Established in 1986 by Alan McInroy and his step-son Victor Wood, McInroy & Wood is a family-controlled investment manager which works with individuals, families, trusts and charities across the UK and overseas.

Ferguson has worked for the firm since 2012. She is currently deputy chief executive and has served as the director of operations and IT since 2013.

Ferguson is also the first non-family member to lead the Haddington-based business.

“Having worked closely with Tim for more than a decade, I am fully dedicated to preserving the strong, family-led culture that underpins our business, and continuing to align our interests with the long-term needs of the individuals, families, trusts and charities with whom we have worked for the past four decades,” Ferguson said.

Wood commented: “Wendy is ideally placed to lead McInroy & Wood in its next phase of growth - she has a deep understanding of the needs of our clients and a relentless attitude towards delivering excellent client service and value.

“When I assume my new role one year from now, I will have worked for the firm for a quarter of a century, having had the privilege of leading it for the last 18 years.

“As we build on our long-term vision for McInroy & Wood, there are a number of strategic priorities on which I will focus, including increasing awareness of the firm’s activities with individuals and their professional advisers.”

McInroy & Wood is actively searching for a new director of operations and IT, to replace Ferguson's previous position.

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