Mark Wood (businessman)
Mark Wood (businessman)
Mark Wood | |
|---|---|
| Born | 1953 County Durham |
| Residence | London, United Kingdom |
| 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.
Mark Wood | |
|---|---|
| Born | 1953 County Durham |
| Residence | London, United Kingdom |
| Citizenship | British |
| Occupation | Chairman of Paternoster |
| Children | One son, two daughters |
Career
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 Dave King’s Digitalis Reputation, 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. In 2016, Wood became chairman of PensionBee Limited.[1] [13]
In 2010, Wood received an honorary doctorate in business administration from Anglia Ruskin University.[9]
Charity work
Wood is the chairman of the NSPCC (National Society for the Prevention of Cruelty to Children).[10] 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.[11]
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.[12]