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Professional Services

Wesleyan to expand services as chief outlines new growth plans

Birmingham mutual to target acquisitions and offer new lines as it takes extra office space in city

The Wesleyan headquarters in Colmore Circus, Birmingham

Birmingham mutual the Wesleyan has expanded its space in the city's financial district amid new growth plans.

The financial products and advice provider has taken space on the eighth floor of Colmore Gate, in Colmore Row.

The firm has seen a 400 per cent increase in new business since it first unveiled ambitious expansion plans almost 10 years ago.

The society has said it will continue on its upward trajectory by expanding the financial services it delivers to doctors, dentists, lawyers and teachers and through targeted acquisitions.

The pledge was made as the Birmingham-based mutual announced an overhaul of the business which will see separate divisions united under a common Wesleyan brand and major investment in new technology in a bid to help it "operate more effectively in the digital environment".

The changes follow a sustained period of growth since 2005 when Wesleyan unveiled a 10-year plan that was achieved earlier than planned.

Chief executive Craig Errington told the Post: "The society has had great success over a number of years now. We set out growth ambitions back in 2005, many of which we achieved ahead of schedule.