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Hogarth poised to set up new company

Former Bankhall chief executive Paul Hogarth is believed to be launching his own business despite still having a consultancy relationship with Bankhall.

Premier Mortgage Services managing director John Malone says he will be embark- ing on a business relationship with Hogarth that will run parallel to both parties’ current contractual arrangements with the network.

Although Hogarth will remain involved in the strat- egic direction of Bankhall through a consultancy arrangement, he has expressed an intention to continue work- ing in a separate business in the general insurance and mortgage sector.

Malone says although his mortgage club is owned by Bankhall, any business relat- ionship that he has externally with Hogarth will not breach contracts or disturb his relationship with the group. He says former joint chief executive Simon Taylor could also be involved in the as yet unspecified venture.

Malone says: “The relationship with Paul and Simon and any new company plays a large part in our design and development plans. Providing that whatever we do is on a sound commercial basis, Bankhall have no problem with me working with them. I am keen to develop relationships but their exit does mean there is a contractual relationship that they have to abide by.”

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