Balmoral Group is deeply saddened to announce the death of our pioneering founder and Chairman, Sir James Milne CBE.

Jim passed peacefully at home surrounded by his family on the 10th of November 2026.

It is hard to put into words his profound impact on not only Balmoral Group, but the North East of Scotland as a whole. Driven by a deep love of Aberdeen and immense pride in putting the city on the global map, Sir Jim built Balmoral into a renowned global leader across multiple markets and, as co-founder and chairman of Friends of ANCHOR, made a lasting, positive impact on the lives of thousands of people across the north of Scotland affected by cancer or a blood disorder.

Today, his family investment office has built successful organisations across more than 15 markets, delivering solutions to over 55 countries, and was recently recognised as one of Scotland's fastest growing businesses.

His vision, loyalty to his people, enthusiasm and, most of all, sheer hard work are some of the many reasons we stand here today, and they will continue to guide Balmoral Group.

Our thoughts and prayers are with Lady Milne, Sarah-Jane, Caroline, Cameron, Ewan, their wider family, grandchildren and everyone who was blessed to know him.

While we mourn the loss of this inspirational and beloved man, our immediate focus is on celebrating his life and supporting our people. We will continue to invest in high-potential businesses and reinvest in community and charitable initiatives, ensuring our success delivers meaningful and lasting social impact. Sir Jim wouldn't want anything less.

We kindly ask that you respect the family's privacy at this difficult time. The funeral service will be private and in the near future, we will provide details of how you can share your condolences and memories with the Milne family. The family kindly asks for no flowers and instead a donation to be made to Friends of ANCHOR.