After 18 months as a non executive board member at the club, the 24 year old Walkinshaw has now taken over the role of Executive Chairman and will be more involved in the day to day running of the club.
With a new Director of Rugby also now in place at the club in Nigel Davies, it's very much the start of a new era at the club and it's an exciting prospect according to Walkinshaw.
"There is an exciting future ahead. At the end of the day, the club does have to keep moving forward and some new blood and new ideas is never a bad thing.
"Some may be daunted and it's not arrogance, but I genuinely feel ready for the challenge. I think you should look at these sorts of opportunities and be excited by them and embrace them. That's the way I look at it."
And key to Gloucester's progress is, of course, Nigel Davies who is absolutely the right man for the job according to Walkinshaw.
"Having Nigel (Davies) on board is a real achievement for the club. He's a true professional and a great guy.
"Out of all the candidates we looked at, he was the standout by far. We're all really looking forward to seeing how he takes the club forward. He has some great ideas and has great ambitions.
"He knows that what we want as a club is to win the Premiership and also go on to succeed in Europe and he buys into that completely."
Of particular importance is the way the new Director of Rugby brought through young talent in his previous role at the Scarlets, a skill that should prove to be beneficial at Gloucester.
"The amount of players that have developed and broken through during his tenure at the Scarlets is very impressive.
"It wasn't the only thing we were looking for when we were recruiting, there were a host of other skills we were seeking but he ticked every box.
"We're excited by his ability to develop young talent because we do have a young squad with huge, huge potential there.
"With a few of our senior players moving on, we really need people to step up and I don't know of any other coach out there who I would trust to bring those people forward more than Nigel."