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This possibility is from Wikipedia, so the accuracy is not guaranteed. There is an entry for Higham Park:

Higham Park - Wikipedia

which refers (about 2/3 of the way down, under the heading 'Highland Court') to a Walter Whigham, chairman of Robert Fleming and Company, Merchant Bank.

I am not 100% sure that the above mentioned gentleman was the Walter K. Whigham the locomotive was named after, so would welcome better-informed opinion.
Yes, the locomotive was named after him. He was also Deputy Chairman of LNER.
 

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The Eastern Region Railway Golfing Society History notes that one of its vice presidents in 1946, Walter K Wigham, had the A4 named after him. Considering this society was only open to senior staff of the Eastern Region railway it must be assumed he was someone on the board of LNER. Although he was clearly not a golfer of note as he is only mentioned twice, in passing!

ERRGS PDF History of the club

It is possible it is the same man that Richard has found as often these people had (and still have) more than one Directorship or board membership.

He came from a family of distinguished golfers. He was born on Prestwick golf course. He was Captain of St George's. His brother was twice U S Amateur Open winner.
 
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