Young commented: “I would like to thank David for the contribution he has made during his time with the company, and I look forward to working even more closely with Bankhall’s management team to expand the range of valuable services that we deliver to our members.”

Young joined Sesame in January 2002 as managing director of its directly regulated support services business Sesame Direct. He was subsequently appointed sales & marketing director for Sesame Group and appointed as chief operating officer in October 2009.