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B&B finance director in move to Murray Financial

Bradford & Bingley finance director John Smith has been recruited for the same role at Edinburgh-based IFA Murray Financial Corporation.

Murray Financial is making no secret of its expansion plans, having tried to take over Leek United Building Society in a £30.5m bid. The firm was set up in 1998 and floated on the Aim with the intention of taking over mutual organisations.

Smith will be working with Murray&#39s recent acquisition, Insurance Village. He will also be looking for further acquisitions and opportunities for organic growth in the IFA, building society and insurance broking areas.

Murray is looking to buy societies and create an increased distribution channel.

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