Insurance Post

Profit growth not BGL's main aim in 2013 as CEO eyes five-year plan

Matthew Donaldson

BGL chief executive Matthew Donaldson has defended his firm’s static profit growth in 2013 by claiming that the launch of a five year growth initiative had meant that building on last year’s profit margin was never expected.

Speaking to Post following the publication of BGL's full year results - in which pre-tax profits remained at the 2012 level of £88m - Donaldson, pictured, said that 2013 represented the start of a

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