ALISON McGregor has been named as chair designate of the board of the Malcolm Group.

Ms McGregor has enjoyed a successful career in banking and financial services, latterly as chief executive of HSBC in Scotland.

She is also a non-executive director of Scottish Power Energy Networks Holdings and the CBI.

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Ms McGregor is also co-chair of the Scottish Apprenticeship Advisory Board and is a board advisor to Glasgow University Adam Smith Business School.

Current chair, George Mitchell, previously governor and treasurer of the Bank of Scotland, has decided to step down during the course of 2020.

The Linwood-based logistics and construction services business said the two will work alongside each other until then “in order to ensure a smooth transition”.

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Andrew Malcolm, group chief executive, said: “I am delighted that Alison is coming on board and am sure that she will provide excellent insight and counsel to the company.

“I’m very grateful to George for agreeing to stay on for a period of time and would like to place on record the company’s sincere thanks to him for his superb stewardship of the board and sterling contribution to the business over the last 14 years.”