Mark Wood (businessman)
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Gregory Mark Wood
CBE The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established o ...
(born 1953 in
County Durham County Durham ( ), officially simply Durham,UK General Acts 1997 c. 23Lieutenancies Act 1997 Schedule 1(3). From legislation.gov.uk, retrieved 6 April 2022. is a ceremonial county in North East England.North East Assembly â€About North East E ...
) has been at the helm of several financial services and technology start-ups, both in the UK and
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
.


Career

Wood began his career with the accountancy firm Price Waterhouse (
PwC PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting ...
). He also held posts in Commercial Union, MAI plc, British & Commonwealth, and
Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
. After running the AA's insurance arm for three years, Wood was made chief executive of
Axa Axa S.A. (styled as ''AXA'' or GIG in the Middle East) is a French multinational insurance company. The head office is in the 8th arrondissement of Paris, France. It also provides investment management and other financial services. The Ax ...
Equity & Law. Buying into Sun Life put him in charge of a
FTSE 100 The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...
company which subsequently bought Guardian Royal Exchange and set about integrating the group. In 2001, Wood moved from Axa to join
Prudential plc Prudential plc is a British Multinational corporation, multinational insurance company headquartered in London, England. It was founded in London in May 1848 to provide loans to professional and working people. Prudential has dual primary list ...
and became its UK and European Chief Executive. 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. 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 Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...
. In 2009, Wood became the deputy chairman. He is chairman of Digitalis, which specialises in
Online Reputation Management Reputation management, originally a public relations term, refers to the Social influence, influencing, controlling, enhancing, or concealing of an individual's or group's reputation. The growth of the internet and social media led to growth of r ...
; and audit committee chairman and non-executive director of the
RAC Limited RAC Limited (The RAC) is a British automotive services company headquartered in Walsall, West Midlands. Its principal services are roadside assistance and general insurance, and its subsidiaries include RAC Motoring Services Ltd, RAC Financial S ...
. He was formerly chairman of Beta London Advertising and Lloyds Insurer Chaucer PLC. He was CEO of
Jardine Lloyd Thompson Jardine Lloyd Thompson Group plc, also known as JLT Group or simply JLT, was a British multinational corporation that had its headquarters in London, England. It provided insurance, reinsurance, employment benefits advice and Brokerage firm, bro ...
Employee Benefits 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. In 2010, Wood received an honorary doctorate in business administration from Anglia Ruskin University.


Charity work

Wood is the former chairman of the NSPCC (
National Society for the Prevention of Cruelty to Children The National Society for the Prevention of Cruelty to Children (NSPCC) is a British child protection charity. History Victorian era On a trip to New York in 1881, Liverpudlian businessman Thomas Agnew was inspired by a visit to the New York ...
), serving for nine years until he left the role in October 2019. He also ran the Full Stop campaign to raise £280m through events such as a dinner with
Bill Clinton William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and agai ...
and
Elton John Sir Elton Hercules John (born Reginald Kenneth Dwight; 25 March 1947) is a British singer, pianist and composer. Commonly nicknamed the "Rocket Man" after his 1972 hit single of the same name, John has led a commercially successful career a ...
in
St Petersburg Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...
. Woods is a Trustee at the
Brooklands Museum Brooklands Museum is a motoring and aviation museum occupying part of the former Brooklands motor-racing track in Weybridge, Surrey, England. Formally opened in 1991, the museum is operated by the independent Brooklands Museum Trust Ltd, a pri ...
in Surrey, and also sits on the Appeal Board of the Multiple Sclerosis Society. Wood was appointed
Commander of the Order of the British Empire The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established o ...
(CBE) in the
2017 Birthday Honours The 2017 Queen's Birthday Honours are appointments by some of the 16 Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries. The Birthday Honours are awarded as pa ...
for services to children and young people for his work with the NSPCC.


References

{{DEFAULTSORT:Wood, Mark Alumni of Anglia Ruskin University 1953 births Living people English businesspeople National Society for the Prevention of Cruelty to Children people People from County Durham Commanders of the Order of the British Empire