Compliance head to leave PTFS

Personal Touch Financial Services’ head of compliance Stewart Baker has become the latest member of senior management to leave the network.

Baker is scheduled to leave the firm in mid-May after nearly two years in his current role. Mortgage Strategy understands his next role will be at Mortgage Advice Bureau.

PTFS has suffered a spate of senior management departures over the past year, including former chief executive Doug Crawford and former sales and marketing director Dev Malle, who left for conveyancer Myhomemove in February and July, respectively.

His replacement will be current money laundering reporting and assistant compliance officer Andrew Birch.

Before joining PTFS Baker was head of compliance for Sesame Services, having spent nearly 16 years with the firm.