Sesame Bankhall Group (SBG) managing director Stephen Gazard is to leave after four years at the firm, as the adviser network announced executive management changes.
As part of the reshuffle sales director Mark Graves will move into the managing director role for Sesame and mortgage club PMS, while compliance & risk director Julie Sadler becomes managing director of adviser support services unit Bankhall.
Network operations director Stuart Davies will become group operations director with all three reporting to executive chairman John Cowan.
Cowan said: "I am very pleased that Mark, Julie and Stuart are taking up their new roles at SBG. We wanted expand the reach of Bankhall so Julie's compliance background is well suited to this aim.
"These are exciting times for our group and together we will ensure that thousands of advisers are equipped to take advantage of the opportunities ahead."
Gazzard (pictured), who will continue to support the business over the coming weeks, added: "I believe everyone at SBG can be truly proud of what has been delivered, particularly in terms of culture and consumer outcomes, which I am very proud to have played my small part in. I look forward to seeing the group continue to go from strength to strength."
Sesame closed its investment advice arm in March 2016, following a number of compliance-related issues and a strategic review by parent company Friends Life, which was later taken over by rival insurer Aviva.
Despite this Sesame again topped the Financial Ombudsman Service's complaints list in February, as the firm received 104 consumer gripes between July and December last year.
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