Wealth manager WH Ireland has announced that one of its board members, Alistair Buchanan, is to step down as a non-executive director.

The firm said he was leaving in September to “concentrate on other business interests”.

In May it was announced that Mr Buchanan had been appointed as chairman of Storegga Geotechnologies, a carbon capture firm.

Mr Buchanan was formerly chief executive of Ofgem, the UK’s gas and electricity markets’ regulator, for ten years and a partner at KPMG, where he was also UK chairman of Power & Utilities.

He trained as a Chartered Accountant at KPMG before becomin...