New Ceteris board appointments signal big ambitions at unique purpose-led Scottish commercial landlord

Forth Valley-based commercial landlord and business support provider has appointed a new board of highly experienced non-executive directors.

The new appointees to the Ceteris Board reflect the priorities of the organisation. They bring significant commercial experience plus expertise in carbon reduction, property management, digital transformation and economic regeneration. The new board boasts appointees from some of Scotland’s and the UK’s most successful companies.

Chair of the Board – Stewart MacRae. Stewart is a former Regional Managing Director of Edrington, owner of world-famous whisky brands including The Macallan and Famous Grouse. An entrepreneurial and inclusive leader with extensive board experience, Stewart brings a breadth of cultural perspectives, diversity of thought and a passion for building great teams.

Board Vice Chair – Peter Matthews. Peter is the former Managing Director of homebuilder Springfield Properties PLC. With previous senior roles at Taylor Wimpey, RAC and Reuters, he brings a wealth of property and senior management experience to the team.

Non-Executive Directors. Stewart and Peter are joined by Non-Executive Directors Rich Alvis, currently a director at Barclays Private Bank, energy consultant Graeme Forbes and Advocate and commercial lawyer Gail Hawthorne. Colin Smith, who has led major digitalisation programmes at global brands such as T-Mobile and UBS, also joins as a co-opted member to help Ceteris update its processes and core technologies.

Ceteris helps make business happen. With an asset register of over £15 million and a track record of delivering significant economic benefit through local enterprise support, the Clackmannanshire-based organisation is on a mission to make a difference.

Josie Saunders, Chief Executive Officer at Ceteris, said: “I’m delighted that we’ve been able to attract new board members of such a high standard and commercial caliber. Founded as the old industries of coal mining and heavy industry declined in Clackmannanshire, Ceteris has a long and proud track record of economic development and regeneration in the county and the wider Central Belt of Scotland. With key aims to decarbonise our property portfolio and drive economic regeneration in the Forth Valley, we have a clear vision for the future. It’s fantastic that we are joined by a new board of non-executive directors that will help us deliver our significant ambitions.”

Stewart MacRae, Chair of the Ceteris Board, said: “I’m delighted to join the Board and start working with my fellow new appointees. The fact that Ceteris offers such a unique mix of commercial property ownership and management together with some of the best business support available in Scotland makes it an exciting organisation to be a part of.”


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