New guidance for SuiteBox expansion plans
SuiteBox has appointed former AIG Life Australia Boss, David Whyte, as chairman, while insurance risk specialist, Craig Anderson, assumes a position as director of the board.
Whyte, who served on the board of Fidelity Life and Southern Response Earthquake Services, is a chartered member of the New Zealand Institute of Directors and currently serves on a number of privately-owned financial services boards.
SuiteBox chief executive, Ian Dunbar, stated that the appointments would continue the company's mission to expand, with Anderson's former experience as founder and managing director of Dual Insurance NZ a vital addition to the growing entity.
"I'm delighted to have Craig's corporate advisory skills on the board," he said.
"With our planned geographical expansion and user-growth plans, SuiteBox management and founders believe than an experienced board is critical in providing safe guidance and direction to our growth focused strategy."
The main focus for Whyte and Anderson in their new roles would be overseeing the innate challenges of the transitional finance industry, with Dunbar confirming that SuiteBox now had the skillset on board needed to thrive.
"Financial services professionals, such as financial advisers, mortgage brokers, accountants and insurance providers face challenges on multiple fronts; we are convinced that the best businesses will not only survive, but thrive," he said.
"SuiteBox is excited to be at the forefront of delivering mobile office solutions globally."
Recommended for you
With regional and rural suburbs exhibiting high spare capacity to invest, Money Management speaks to three regional advisers on the opportunities beyond the major cities and the importance of a strong network.
Platform consolidation is expected to accelerate among financial advisers this year, as software company Finura pinpoints which two platforms are set to be the winners, thanks to this trend.
The software provider has made several appointments in its APAC wealth propositions team, with a focus on driving growth across digital advice, Xplan and strategic partnerships.
The platform has announced it plans to close its Xplore managed discretionary account service in 2026 which holds $2 billion in funds under administration.