Other executive management changes include hiring Stephen Harris as chief financial officer.
Sesame Bankhall Group’s (SBG) group managing director Martin Schultheiss (pictured), is to leave the firm.
This is part of a series of executive management changes at the group, including the appointment of Stephen Harris as chief financial officer.
SBG’s current group finance director, Jim Kelly, will move to a new role as group business development director.
Both Harris and Kelly will report to SBG executive chairman, John Cowan.
John Cowan said: “On behalf of the group I would like to thank Martin for his hard work and contribution during his time with SBG.
“His energy and commitment have helped to move the group forward and we wish him well for the future.
“Martin will continue to support the business over the weeks ahead as we transition to the new executive team structure.”
Schultheissadded: “I am very proud of the progress that SBG has made during my time with the group and I would like to thank my colleagues for their support.
“SBG has three excellent advisory brands and I am leaving the group in the sure knowledge that both its members and staff can look forward to exciting times ahead.”
SBG’s new chief financial officer Harris joins from Aviva and is a chartered accountant with more than 20 years’ experience in the financial services industry.
John Cowan, executive chairman, Sesame Bankhall Group,said: “Today’s announcement is a further important step in the evolution of SBG and I am very pleased to welcome Stephen Harris, who brings huge industry experience.
“In the past 12 months we have significantly bolstered our senior leadership team, with our two new managing directors, Ross Liston and Richard Howells, also joining.
“This is enabling SBG to sharpen its strategic focus across our three advisory brands – Sesame Network, PMS Mortgage Club and Bankhall.
“SBG is strongly positioned for the future and the appointment of Stephen as our chief financial officer is an important addition, alongside Jim’s new business development role, as we invest further and roll-out our next generation of adviser services.”
