He was educated at Kelly College in Tavistock, Devon.
Beginning as a pilot of flying boats with Coastal Command, he became a flying instructor, and commanded the Queen"s Flight. After various operational commands, his last post was as Deputy Chief of Defence (Intelligence) at the United Kingdom Ministry of Defence. He joined the Royal Air Force in 1941.
After flight training with the United States Navy at Naval Air Station Pensacola in Florida, he joined Coastal Command to fly anti-submarine missions.
He flew Catalina flying boats with Number. 212 Squadron for 18 months from November 1942, patrolling the Indian Ocean from its base in Karachi.
After a period training other pilots of flying boats, he joined Number. 210 Squadron in October 1944, based at Sullom Voe in the Shetland Islands, patrolling the Norwegian Sea.
He flew in support of Russian convoys and intercepted German submarines based in Norway.
Wakeford was involved in the last sinking of a German U-boat, on 8 May 1945. VE day was the previous day, and all German submarines had been ordered to travel on the surface: submerged U-boats were liable to be attacked. Flying a Catalina over the North Atlantic, Wakeford detected a submerged German submarine.
Having run out of depth charges, he dropped some sonobuoys to track the U-boat before returning to base on the Shetland Islands.
A second Catalina relieved him and damaged U-320. The German submarine was later scuttled off the coast of Norway.
After the war, Wakeford flew long-range Liberator and York transport aircraft with Transport Command in the Far East. He became a flying instructor at the Royal Air Force College at Cranwell.
He joined the Central Flying School as an examiner, testing other flying instructors, and received the AFC in 1953.
As a wing commander, he served in Malaya in 1955, during the Malayan Emergency. He was appointed Officer of the Most Excellent Order of the British Empire in 1958. He was then commander of the Queen"s Flight from 1959 to 1961, and was appointed MVO (4th Class).
He spent two years at the Royal Air Force Staff College, and was then promoted to Group Captain.
He became commander of the V bomber base at Royal Air Force Scampton in June 1964, in charge of three squadrons of Vulcan bombers. He was Assistant Commandant of the Royal Air Force College from 1966 to 1969, during the period when it merged with the Royal Air Force Technical College at Henlow.
He was promoted to Air Vice-Marshal in February 1969, and became Commander of the Northern Maritime Air Region, and Air Officer Scotland and Northern Ireland (AOSNI), based at Pitreavie Castle in Fife, where he was responsible for the squadrons that tracked Russian forces in the North Atlantic. He was Director of Service Intelligence at the Ministry of Defence, and was the second commander of the short-lived ANZUK Force, based in Singapore, from 1973 until it was disbanded in January 1975.
His last post was as Deputy Chief of Defence (Intelligence) at the Ministry of Defence, from 1975 to 1978.
He was appointed Knight Commander of the Order of the Bath in 1976. He retired to Perthshire in 1977, where he enjoyed fly fishing and golf. He was director of the Royal Air Force Benevolent Fund in Scotland from 1978 to 1989, and served as a trustee of the MacRobert Trust from 1980 (chairman from 1982 to 1994), supporting hospitals and welfare organisations that assist ex-servicemen, and other educational organisations.
He moved to Inchberry in Moray in 1987.
He died from cancer of the oesophagus in Aberdeen. A second daughter, Sally, predeceased him.