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Cta Man

Donald MacRae OBE FRSE - Board member

Donald Macrae OBE Sm

Term on HIE Board

Donald joined the Board of HIE in April 2014.


Professor Donald MacRae OBE FRSE was born and educated in the Highlands. He retired from the post of Chief Economist, Lloyds Banking Group Scotland in November 2015, having spent 30 years with the organisation. He is a former Director of TSB Bank plc, Scottish Homes and Scottish Enterprise.

Donald was a member of the committee of inquiry on crofting, a member of the Rural Development Council and the Land Reform Review Group and was an independent member of the Skills Committee between the Scottish Funding Council and Skills Development Scotland. He is a fellow of the Royal Society of Edinburgh, a past Member of Court at the University of the Highlands and Islands and a former Member of the David Hume Institute. Donald is a board member of Interface and the Social Growth Fund – the joint venture between the Big Lottery and Social Investment Scotland. He is currently chair of the Water Industry Commission for Scotland. Donald was awarded an OBE in 2011 for services to Business and Rural Development.

Donald commented: “I’m passionate about Scotland’s economic development, particularly in my home area. There has never been a more exciting time to be involved in the Highlands and Islands economy. The digital transformation under way is the equivalent of the hydro projects of 60 years ago. There has been remarkable progress since I was growing up on the Black Isle, not least in the availability of higher education, improvements in roads and transport, and a much broader range of career opportunities.




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