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Bankhall founders leave after Skandia takeover

Bankhall founder directors David Warnock and Martyn Weaver are leaving the IFA services provider following its acquisition by Skandia.

The boardroom shakeup leaves joint chief executives Paul Hogarth and Simon Taylor in control of the company.

Both departing directors say they are happy to be leaving after a restructuring following Skandia&#39s takeover.

Bankhall portal IFAengine managing director Warnock is replaced by Skandia senior e-commerce manager Anthony Scammell.

Warnock is expected to spend more time focusing on his successful motor racing career after becoming British GT champion last year.

Group compliance director Weaver, who will not be rep-laced, leaves to pursue other interests.

According to Bankhall, neither of the directors have any immediate plans for a new role in financial services.

Warnock says: “I have obtained immense satisfaction in the creation of Bankhall and latterly of taking the concept of IFAengine forward to being one of the sector&#39s three leading portals. I wish my team every success in its continued evolution.”

Weaver says: “I am proud to have played a key role in the formation and development of Bankhall.

“It has been a major influence in raising compliance standards within the sector and Bankhall and its members have set a level for others to follow.”

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