Allied Irish Bank installs new head of manufacturing with Edinburgh appointment

Allied Irish Bank (GB) has appointed Edinburgh-based Brian Machray as its new head of manufacturing, following the announcement of its dedicated manufacturing fund earlier this year.

From his base in Scotland, Mr Machray will oversee Allied Irish Bank (GB)’s team of manufacturing sector specialists based across all regions of Britain.

Mr Machray previously ran his own equity advisory firm and worked at Clydesdale Bank, Australia’s Westpac Institutional Bank and the Bank of Scotland.

He has specialised in manufacturing and infrastructure clients for over 12 years, and will now lead Allied Irish Bank (GB)’s team of manufacturing sector specialists.

Mr Machray will also oversee the allocations of Allied Irish Bank (GB)’s £500 million manufacturing sector fund, which has been designed to support manufacturing across Britain.

He said: “Allied Irish Bank (GB) has strong, specialist expertise in working with manufacturing clients across all spectrums of the banking market from commercial to leveraged and corporate banking, with a dedicated team that works across Britain.”

“We understand the complexity of manufacturing, and the challenges those companies face in securing finance for growth, their working capital, research and development and investing in new technologies.”

“I’ll be working with the team to help more British manufacturers refinance, invest for the future and to support growth ambitions through working capital optimisation.

“We want to hear from companies that are as ambitious about growth as we are, across all sectors of manufacturing from food production and engineering to life sciences and automotive companies. We are passionate about assisting manufacturers from all parts of the value chain.”