.png)
Board of Directors
RUSSELL FRITH
Russell Anthony John Frith, BA Hons Law & Economics (Senior Non-Executive Director) is a Chartered Accountant with over 35 years’ experience in business, public sector auditing and supervision and in setting accounting and regulatory standards.
He was the Assistant Auditor General for Scotland, providing accounting, auditing, advice and decisions to both the Auditor General and the Accounts Commission, until he retired in 2017.
He was a member of the Financial Reporting Advisory Board to H.M. Treasury; CIPFA/LASAAC Joint Committee (the accounting standard setter for local authorities in the UK); the UK Financial Reporting Council’s Audit and Assurance Council and Chairman of its Public Sector Advisory Group and has been actively involved in setting regulatory and professional standards in the UK and Ireland. He is Chairman of the Audit & Assurance Committee of Social Security Scotland and a trustee of several charitable bodies.
Prior to joining the National Audit Office, he was the finance director of The Bank of Edinburgh plc. He commenced his career with Peat Marwick Mitchell (now KPMG), where he audited major financial services companies and subsequently joined Coopers & Lybrand’s (now PwC) corporate finance team, acting as reporting accountant on acquisitions, disposals and flotations.
Kenneth Murray is the founder and Managing Director of Blue Planet Investment Management Ltd. He is also the firm's Senior Investment Manager and oversees the investment process. In 1990, he founded The Bank of Edinburgh Group plc and the Bank of Edinburgh plc and was Managing Director of both companies until their sale in 1994. Shortly after its formation The Bank of Edinburgh Group acquired Goode Durrant Bank plc and in 1992 it agreed to acquire the Heart of England Building Society, which had assets of approximately £1 billion.
Prior to establishing The Bank of Edinburgh Group plc, he was a Director of Fulton Prebon International Limited, one of the world's largest money brokers. He commenced his career in the City of London as an Investment Analyst and was Senior Merchant Banking and Financial Sector Analyst at Greenwell Montagu Securities Limited. He held similar posts at Sheppards and Chase Stockbrokers Limited and Wood Mackenzie & Co Limited.
He is a graduate of the University of Stirling and has a BSc with Honours in Economics and Computer Science. He is a Director of a number of other companies.
KENNETH MURRAY
VICTORIA KILLAY
Victoria Wendy Killay, MA, has over 40 years of experience in financial markets. She trained as a Financial Analyst with Merrill Lynch and Schroder Investment Management Ltd in London before joining IDS, a subsidiary of American Express, where she became a Fund Manager with special responsibility for Continental European stock markets and the United Kingdom. She was also director of marketing for CDC Investment Management Ltd, a subsidiary of La Caisse des Depots et Consignations, one of France's largest and most respected financial institutions.
Magdalena Murray is Chairwoman and a Director of Blue Planet Investment Management Ltd. She is in addition a Director of a number of other companies in the UK and overseas including Blue Planet Holdings Ltd and Labrador Coast Ltd. She has a Master of Science in Accounting and Finance, BSc with Honours in Microbiology and Biotechnology and a Master of Science in Aquatic Ecosystem Management from the Edinburgh Napier University. In addition, she has a BSc in Biology and Geography from the Jagiellonian University of Krakow.
MAGDALENA MURRAY
LIAM MEADE
Liam Meade is Director of Finance at Blue Planet Investment Management Ltd, joining the Board in May 2020. He is responsible for the Finance, Operations and Company Secretarial aspects of the company’s service provision. He joined Blue Planet Investment Management Ltd as a Management Accountant in 2007 and progressed through the company before being appointed Financial Controller in 2012. In this time he has gained significant knowledge and experience in all areas of the investment management sector.
.png)
© 2026 by Blue Planet Investment Management Ltd