Sesame director of mortgages Lisa Martin has quit the network less than three weeks after being given the role to join LSL.
Martin was made the new mortgages chief following the departure of mortgages managing director John Cupis, who has since become mortgage director of Openwork. She also retained responsibility for PMS Mortgage Club.
Martin will join LSL’s financial services business as development director “later in the year”, the firm says.
Following Cupis’ move, Sesame managing director Stephen Gazard assumed a broader remit, giving him responsibility for supporting advisers across both wealth and mortgages.
Gazard says: “After 20 years with the business, Lisa has decided to leave the group later this year. As part of the wider management team, Lisa has been instrumental in building the enviable reputation that the PMS Mortgage Club has forged over many years. On behalf of the SBG executive team, I would like to express our gratitude for her unstinting contribution to the group and we wish her all the very best for the future.
“We are very fortunate to have an experienced and talented team who are renowned for the valuable and professional service delivered to mortgage advisers. The team have built PMS into the market-leading business it is today and this is something we will continue to take forward.”
Before her promotion, Martin had been operations and sales director director of PMS for the past five and a half years.It is not yet known if she has lined up another role elsewhere.
In March, Sesame revealed it was to no longer operate as a network for investment advice.