RKCR/Y&R wins Virgin Money pitch

LONDON - Rainey Kelly Campbell Roalfe/Y&R has retained the Virgin Money account after a two-way shoot out against Beattie McGuinness Bungay.

Last week, James Murphy, Ben Priest and David Golding, RKCR/Y&R's chief executive, creative director and planning director, resigned to set up their own agency (Campaign, 22 June). Their departures will not affect Virgin Money's decision to retain the agency.

The account was put up for review earlier in the year following the arrival of Jayne-Anne Gadhia as the company's new chief executive. She moved to the company in March from the Royal Bank of Scotland and replaced Mark Hodgkinson, the former chief executive.

A spokesman for Virgin Money, said: "Rainey Kelly Campbell Roalfe/Y&R are our agency and continue to be our agency of record."

He added: "We are looking at all areas of the business and making sure we have all the right resources."