Leading Scottish business figure Tim Allan receives CBE in Queen's New Year Honours List

5th January

Tim Allan has been honoured with a Commander of the Order of the British Empire (CBE) in the Queen’s 2022 New Year Honours List for Services to Business, Charity & the Arts.

The leading Scottish business figure holds a wide-ranging portfolio career spanning multiple sectors in business, education, arts and culture. He is a private equity and property entrepreneur through his investment business Tricorn Capital Limited. He is also a Founder and Director of Motor Fuel Group, the largest independent fuel retailer in the UK with more than 900 stations across the whole country. Since 2017, he has served as President of the Scottish Chambers of Commerce, the largest business network in Scotland.

Tim also serves as Chair of V&A Dundee, Scotland’s design museum and the first V&A museum outside London, where he recently led a £1 million fundraising campaign to support cultural organisations in Dundee respond to COVID. He serves as a Non-Executive Director of Archangel Investors, a prominent business syndicate that invests more than £15 million per year in early-stage Scottish companies. Tim has served as a Member of Court at the University of St Andrews since 2015 and sits on their board for the Eden Campus at Guardbridge.

Commenting on the announcement, Tim Allan, said:

“Contributing to the business, arts and culture sectors has been a privilege and I am thrilled to receive such extraordinary recognition. I am profoundly grateful for this honour and I thank my colleagues and peers for their unwavering support, guidance and expertise throughout my career. “The interconnectedness between the economy, arts and culture will be an important enabler of our economic recovery and I look forward to continuing to play my part in supporting these efforts.”

Commenting on the announcement, Dr Liz Cameron, Director & Chief Executive, Scottish Chambers of Commerce, said:

“The Scottish Chambers of Commerce Network are absolutely thrilled that Tim has been honoured with a CBE. This recognition is richly deserved and is testament to his selfless leadership, dedication and commitment to Scotland’s economy and to the arts and charity sectors.”

Commenting on the announcement, Leonie Bell, Director of V&A Dundee, said:

“Tim has generously brought his energy, business insight and commitment to culture to support V&A Dundee over many years, as well as helping others in business and the arts to thrive. He is a champion of creativity and of its potential as a catalyst for change, as well as being a passionate advocate of Dundee. We’re delighted he is receiving this much deserved honour.”

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