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Sesame Bankhall chief Stephen Young quits

Sesame Bankhall Group chief operating officer Stephen Young has quit after nine years at the company.

Young’s departure follows a series of senior management changes at Sesame Bankhall.

It announced in September that Intrinsic Financial Services founding director George Higginson had been appointed to take over from Young, who would head a new unit to deliver its platform. Higginson will take up his post on January 3, 2011.

Former Positive Solutions marketing director Keith Gilmour also joined the firm in October.

A spokesman says: “Stephen Young has decided it is the right time for him to move on and pursue other interests. We are now working with Stephen as part of a smooth handover.”

Speaking about recent management recruits at the Sesame Symposium in London earlier this month, executive chairman Ivan Martin said: “As well as investing in new services, we are also investing in the best industry talent. We have appointed George Higginson and Keith Gilmour to further strengthen our experienced senior team.”

Young was unavailable for comment.

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Comments

There are 9 comments at the moment, we would love to hear your opinion too.

  1. With Stephen having such a long distinguished career with Sesame, this certainly hints at a personality clash with the incoming “best industry talent”. The timing also is questionnable considering the very recent launch of the Sesame Bankhall (Elevate) platform.

  2. Bare faced cheek to stand there at the Sesame Symposium flogging Sesame One. Beware of the contract details in Sesame One – Sesame dont do things to assist or help they do things to line their own pockets. Strange to have to sign a contract for a platform……….!!!!

  3. What a real loss. Stephen is a true professional with such a deep understanding of the importance of provider-distributor relationships. I can only hope that he’s joining a major competitor and if so, good luck to him.

  4. If I belonged to Sesame I would worry.

    Just look at the mess Intrinsic is in.

  5. I have been with Sesame ever since they started. Who is Stephen Young?
    Who cares?

  6. King Jaffe Joffer 24th November 2010 at 12:49 pm

    Is it just me or is it obvious that he was sidelined? And then, to be moved to the platform project only to leave one week following its launch, he’s obviously disgruntled.

  7. Shame he’s gone, he always seemed like one of the better people at the top. of that organisation.

  8. He didn’t fit into that place anyway – not ruthless enough, too much of a gentleman.

    Those left there will now have to find someone else to turn on (which they will).

  9. Maybe your right Anonymous 12.56pm, that’s one of the reasons I left that company!

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