View more on these topics

MD Golder leaves Bankhall

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.”

Recommended

Cause for complaint

I am sure that many of your readers share my frustrations and irritations with these so-called vulture funds. Our clients are ripped off and treated abominably. (No bonuses on WP, for example) and we are treated with a disregard and distain of truly biblical proportions. This little experience might help readers to redress the balance […]

Mandelson wants takeover rules’ shake-up

Lord Mandelson has called for a shake-up of takeover rules and a greater emphasis on long-term investing from fund managers and other institutional investors. Delivering his Mansion House speech on Monday evening in London, Mandelson set out a number of changes that he would like to see made to takeover rules following Kraft’s £11.7bn hostile […]

Burnett: what needs to happen for value to start performing again?

Value stocks have significantly underperformed growth stocks in Europe in the past decade. However, Rob Burnett, manager of the Neptune European Opportunities Fund, believes we are now approaching an inflection point. Watch the video below to find out more. In the video, Rob discusses: How low inflation and loose monetary policy since the global financial […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. I think what Mr Young needs to bring in is some drunken oafs eh Steve.

Leave a comment