Sesame’s director of mortgages has ended a 27-year career with the network, just three weeks after she was put in charge of the mortgage division.
Lisa Martin, director of operations and sales, had been given the additional role of director of mortgages at Sesame as part of a restructure following the network’s strategic review.
The closure of Sesame’s investment advice network had led to the company putting its focus on mortgages, and on 9 September, a statement from Sesame said Ms Martin would take on the expanded role.
However, as part of the restructure, she was also expected to continue to lead the team in PMS, which built the PMS Mortgage Club.
On 29 September, financial services business LSL announced that Ms Martin would be leaving Sesame to join LSL in a brand new role as development director, where she will be involved in the company’s expansion of its authorised representative and directly authorised businesses.
In July, executive chairman John Cowan said his network would be investing in the provision of mortgage advice when he appeared at an event alongside managing director of mortgages John Cupis, who has also since left for Openwork
Sesame Bankhall Group managing director Stephen Gazard said: “As part of the wider management team, Ms Martin has been instrumental in building the enviable reputation that the PMS Mortgage Club has forged over many years.
“We are fortunate to have an experienced and talented team which is renowned for the valuable and professional service delivered to mortgage advisers.
“The team has built PMS into the market-leading business it is today and this is something we will continue to take forward.”
LSL provides a range of services to mortgage lenders and advisers, as well as buyers and sellers of residential properties.
Its financial services business comprises more than 1,400 advisers across networks First Complete and Pink, along with mortgage club TMA.
Jon Round, LSL’s group financial services director, said: “This new role has been created to support the significant expansion plans for our AR and DA businesses, and I’m sure she will make a major contribution to our continued successful growth.”
Adviser view
Kevin Dunn, a mortgage adviser with Leicestershire-based Furnley House, said: “LSL must be among the biggest mortgage networks in the industry so it will have good processes in place already.”
