Ivan Martin has stepped down from his position as non- executive director of technology outfit Avelo.
Martin made the decision to avoid any potential conflicts of interest arising from his role as chairman of Sesame Bankhall Group and, in particular, its decision to select Australian software giant IRESS as a service provider.
Last November, IRESS secured a long-term deal to provide front and back-office technology solutions to Sesame Bankhall Group.
Martin will retain his equity stake in Avelo.
"I am delighted to have been able to contribute to Avelo's growth during a very exciting period for the company," said Martin. "I shall continue to support Avelo and will track its development with keen interest. I wish the board and the company continued success in the future."
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