Sesame Bankhall reshuffles adviser team after CEO exit

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Sesame Bankhall reshuffles adviser team after CEO exit
Pexels/Max Vakhtbovyc

Sesame Bankhall Group has promoted three senior employees to director positions following the departure of its interim chief executive who left for M&G Wealth last month.

The 10,000-strong adviser network said the new internal appointments will help drive growth for advisory firms on its books.

They include group director for mortgages and protection Alex Beavis, client relationship director Linda Preston-Todd, and strategic relationship director Stephanie Charman.

Beavis, previously a proposition director for mortgages and later life, will now oversee Sesame and mortgage club PMS’s regional key account management and telephone account management teams.

Preston-Todd, previously head of department for advisory business development, will now lead Bankhall’s regional account managers, ‘bespoke solutions’ support, client relationships and telephone account managers.

While Charman, previously head of strategic relationships, will now manage all the group’s provider and lender partnerships.

“I’m proud that we have such a high level of talent in our business, which made the decision to promote internally an easy one,” said Sesame Bankhall’s interim boss John Cowan.

“Their expertise will help to drive further growth, as we continue to deliver outstanding services and support to our members and clients.”

Sesame is currently on the lookout for a new chief executive, after interim boss Ross Liston decided to exit his post four months in. Liston was poached by M&G Wealth’s advice arm.

Chair Cowan has stepped in while the adviser network finds a permanent replacement. Cowan became executive chair in 2014, before becoming chair in 2020.

ruby.hinchliffe@ft.com