Donald MacRae


Donald MacRae is the former Chief Economist of Lloyds Banking Group Scotland. A native of the Black Isle, he is a former board member of Scottish Homes and Scottish Enterprise and a past director of Lloyds TSB Scotland plc and TSB Bank plc.

Professor MacRae is a current board member of Highlands and Islands Enterprise, Interface and a trustee of the David Hume Institute and a governor of the Royal Conservatoire of Scotland. He was a member of the Housing Improvement Taskforce, the Committee of Inquiry on Crofting and an advisor to the Land Reform Review Group.

Professor MacRae’s main skills are in economic analysis, strategy development, financial and risk management and corporate governance. He is a fellow of the Royal Society of Edinburgh, an Honorary Professor at Edinburgh University and was awarded an OBE in 2012.