Laughlin Group of Cos., which manages insurance sales programs at banks, has created a chief financial officer position to help manage expected growth.

The Beaverton, Ore., company named Bud L. Taylor to the post. As executive vice president, he will have responsibility for Laughlin's computer operating systems, office management, and human resources departments.

The duties were split between Bill Gardner, managing director, and Janet Albers, controller. But the firm wants one person with chief financial officer experience to help it manage a goal of doubling revenues over the next three years, Mr. Taylor said.

Mr. Taylor was recently chief financial officer at Morely Financial Services, an investment management firm in Oswego, Ore.

Laughlin, once an independent firm with 150 bank and credit-union clients, was sold to Allstate Life Insurance Co. in October.

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