Sesame says PMS managing director John Cupis will assume day to day responsibility for Reynold’s role. He says: “Martin has played a valuable role in helping to deliver a range of market leading propositions that have contributed to PMS’ continued success.”
PMS was merged with Sesame in October last year after Old Mutual bought PMS’ owner, Bankhall.
Reynolds says he is leaving “to pursue a number of new challenges”. He says: “I am proud to have contributed to PMS’ success over the last few years but I feel that the time is now right for me to move on to new challenges.”