Businessman and philanthropist Sir Ian Wood dies aged 84

The Aberdeen-based businessman and philanthropist Sir Ian Wood has died aged 84, his family has announced.

Sir Ian was one of the UK oil and gas industry’s most respected leaders, who turned his family’s fishing boat repair yard into a global engineering player in the North Sea and internationally.

He retired as chief executive in 2006 and a year later began concentrating on his charitable work, creating The Wood Foundation, which works on social and economic inequality, especially in Scotland and sub-Saharan Africa

His family said he died peacefully at home and they would remember his “kindness, generosity, determination and unwavering commitment to his family.”