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Russell Frith


Russell Anthony John Frith, BA Hons Law & Economics, (Date of birth 17-06-59) is a Chartered Accountant with over 35 years’ experience of business, public sector auditing and supervision and in setting accounting and regulatory standards. 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.

He was finance director of The Bank of Edinburgh plc from 1991 to 1994 before joining the National Audit Office as a director. He retired from Audit Scotland in 2017 as Assistant Auditor General, providing accounting, auditing, advice and decisions to both the Auditor General and the Accounts Commission. 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; on the INTOSAI Expert Reference Panel 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.

He joined the Board on 12th March 2019 and is a member of the Audit Committee.

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Kenneth Murray


Kenneth Murray (Date of birth 28-09-58) is the Chief Executive of Blue Planet Investment Management Ltd, the Company's Investment Manager. He has over 40 years of experience in the financial sector and has. sat on the Boards of 12 investment trusts and numerous other companies in the UK and overseas. 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 & Chase Stockbrokers Limited and Wood Mackenzie & Co Limited and was a Director of Fulton Prebon International Limited (one of the world's largest money brokers). In 1990, he founded The Bank of Edinburgh and was its Managing Director until its sale in 1994.  He is a graduate of the University of Stirling, obtaining a BSc with Honours in Economics and Computer Science.


He joined the Board on 13 June 2012

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Victoria Killay


Victoria Wendy Killay, MA, (Date of birth 01-04-58) has over 40 years of experience in financial markets. Ms Killay 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 stockmarkets 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 Frances largest and most respected financial institutions. For the last decade, Ms Killay has been working as a consultant researcher for a number of management consultants in the financial sector.


She joined the Board on 13 June 2012 and chairs the Audit Committee.