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Sesame distribution director Nick Kelly leaves in reshuffle

Nick Kelly Sesame 200
Nick Kelly

Sesame Bankhall Group managing director of distribution Nick Kelly has left the firm following a reshuffle of its executive team that sees the creation of six new executive roles.

The firm says Kelly left to pursue other interests within the financial services sector. He has worked at Sesame since March 2008.

SBG says it is creating a new role, distribution director, which will encompass the majority of Kelly’s duties. It says it expects to appoint someone to the role in the near future.

Head of wealth management Pan Andreas is joining the executive team as wealth management director, while head of advisory services Jon Dear has been appointed marketing and propositions director. Dear will take over the marketing duties previously carried out by Kelly.

Risk and compliance director Michael Couzens has been appointed to the new post of financial services development director.

Temple Risk head of risk and regulation Shaun O’Leary has joined as interim chief risk officer, to take over Couzens’ former duties.

Sesame head of operations Julie Sadler has been appointed operations director.

The new additions join the current executive team of executive chairman Ivan Martin, chief executive George Higginson, finance director Paul Hooper, human resources director Lisa Winnard and managing director of mortgages John Cupis.

Higginson says: “Our new executive team reflects the developing shape of our group and will ensure that the improvements we are making keep pace with the ever-changing regulatory environment.

“Nick has had a key role in the successful development and growth of the group over the last five years. We wish him every success in his future career.”

Genesis chief executive Steve Duggan says: “Nick was key to the transition of our business across to Sesame. It is sad to see him go because he is one of the few people that actually understands the IFA market.”

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