Mark Wood (businessman)
Mark Wood | |
|---|---|
| Born | 1953 County Durham, England, UK |
| Citizenship | British |
| Occupation | Chairman of Paternoster |
| Children | One son, two daughters |
Gregory Mark Wood CBE (born 1953 in County Durham) has been at the helm of several financial services and technology start-ups, both in the UK and New York City.
Career
[edit]Wood began his career with the accountancy firm Price Waterhouse (PwC). He also held posts in Commercial Union, MAI plc, British & Commonwealth, and Barclays.[1]
After running the AA's insurance arm for three years, Wood was made chief executive of Axa Equity & Law. Buying into Sun Life put him in charge of a FTSE 100 company which subsequently bought Guardian Royal Exchange and set about integrating the group.[2] In 2001, Wood moved from Axa to join Prudential plc and became its UK and European Chief Executive.[3] In 2006, Wood's work in re-establishing Prudential plc as a leader in the UK insurance market became the subject of a case study by the International Institute for Management Development.[4]
In 2005 he founded and became chief executive of Paternoster; a regulated insurance company that takes on the risks associated with companies’ final salary/defined benefit pension schemes. The company received backing of £500 million, led by Deutsche Bank. In 2009, Wood became the deputy chairman.
He is chairman of Digitalis, which specialises in Online Reputation Management;[5] and audit committee chairman and non-executive director of the RAC Limited.[6] He was formerly chairman of Beta London Advertising and Lloyds Insurer Chaucer PLC.[7] He was CEO of Jardine Lloyd Thompson Employee Benefits[8] from 2011 to 2014. He is a regular commentator in the press on pensions and insurance. Wood is also chairman of PensionBee Limited, Acquis Insurance, Utility Bidder, and Leakbot.[9][10]
In 2010, Wood received an honorary doctorate in business administration from Anglia Ruskin University.[11]
Charity work
[edit]Wood is the former chairman of the NSPCC (National Society for the Prevention of Cruelty to Children), serving for nine years until he left the role in October 2019.[12][13] He also ran the Full Stop campaign to raise £280m through events such as a dinner with Bill Clinton and Elton John in St Petersburg.[14]
Woods is a Trustee at the Brooklands Museum in Surrey,[15] and also sits on the Appeal Board of the Multiple Sclerosis Society.[16]
Wood was appointed Commander of the Order of the British Empire (CBE) in the 2017 Birthday Honours for services to children and young people for his work with the NSPCC.[17]
References
[edit]- ^ "Paternoster chief 'Chopper' carves out his success". 16 February 2008. ISSN 0307-1235. Retrieved 5 March 2020.
- ^ "Paternoster Chief Chopper Carves out his success", The Telegraph, 16 February 2008, retrieved 10 December 2010
- ^ "Prudential lures Mark Wood from rival Axa to run European arm", The Independent, 22 February 2001, retrieved 10 December 2010[dead link]
- ^ "Prudential UK: Rebuilding a Mighty Business". Harvard Business Review. Retrieved 4 November 2014.
- ^ "Mark Wood CBE". Digitalis. Retrieved 5 March 2020.
- ^ "Our directors". www.raccorporate.co.uk. Retrieved 5 March 2020.
- ^ "Directors", Chaucer, archived from the original on 12 September 2010, retrieved 10 December 2010
- ^ "Jardine Lloyd Thomson Group". Bloomberg Businessweek. Archived from the original on 4 November 2014. Retrieved 4 November 2014.
- ^ "» Acquis appoints Mark Wood as Chairman". www.acquisinsurance.com. 11 July 2019. Retrieved 5 March 2020.
- ^ "Brooklands Museum :: Brooklands Museum Trustees". www.brooklandsmuseum.com. Retrieved 5 March 2020.
- ^ "Mark Wood, Honorary Doctor of Business Administration". Anglia Ruskin University. Retrieved 4 November 2014.
- ^ "Board Of Trustees, the Council and the Executive Board", NSPCC, retrieved 10 December 2010
- ^ "Who's moving: Turning Point, London Marathon Events, NSPCC and more". www.civilsociety.co.uk. Retrieved 5 March 2020.
- ^ "Paternoster Chief Chopper Carves out his success", The Telegraph, 16 February 2008, retrieved 10 December 2010
- ^ "Brooklands Museum :: Brooklands Museum Trustees". www.brooklandsmuseum.com. Retrieved 5 March 2020.
- ^ "Stop MS Appeal Board". www.mssociety.org.uk. Retrieved 5 March 2020.
- ^ "No. 61962". The London Gazette (Supplement). 17 June 2017. p. B10.