Sesame Bankhall chairman out after group restructure

Senior independent director of the SBG board, John Cowan, will act as chairman on an interim basis until a non-executive chairman is appointed. Martin (pictued) joined Sesame as chairman in 2007, becoming chairman of SBG in 2009 after the acquisition of the group's mortgage business. "It was always my intention to step away from leading the business, which is why we appointed George [Higginson] as CEO in 2011," he said. "Now is the right time to complete this transition and for me to step down and focus on other business interests." Higginson, who joined SBG as chief operating o...