Bankhall managing director David Golder has left the Sesame Bankhall Group.
Sesame Bankhall chief operating officer Stephen Young will take over responsibility for the business from Golder.
Friends Provident-owned Sesame bought Bankhall from Skandia in October last year. After the deal, Golder,who was managing director for IFA services, was made managing director of Bankhall while Sesame’s managing director Nick Kelly remained in his role.
John Malone, who was previously managing director of Bankhall-owned PMS, became the mortgage club’s chairman. Sesame managing director for mortgages and general insurance John Cupis was appointed managing director of PMS.
Young says: “I would like to thank David for the contribution he has made with the company.”
Young says the group is planning on launching its own platform proposition in 2010 after Bankhall’s Portavista platform, which used Capita’s Enabler software, was abandoned last year.
He says the proposition may be a white-labelled version of a third-party solution and may feature more than one platform.
But he adds: “We will not be developing our own software. It is expensive and unnecessary.”