Life insurance newbie iExtend has bolstered its leadership and financial strategy by appointing Michael Edwin (pictured) as its chief financial officer.
Edwin's selection for the role was influenced by his broad expertise in accounting and taxation and his strong legal and technological knowledge. His prior roles include leading financial control and tax departments at Axi, overseeing tax functions at Equifax Australia and New Zealand, and contributing to professional services at Deloitte and KPMG, in both domestic and international capacities.
The announcement comes at a crucial juncture for iExtend, as the company prepares to secure an Australian Financial Services Licence (AFSL) this year, a development that promises to significantly widen its operational and service capacity.
The licensing endeavour is part of iExtend's larger objective to strengthen its industry standing and offer more comprehensive support to advisors.
“We are thrilled to welcome Michael to iExtend as we continue on our growth trajectory and explore our licensing options with ASIC. This is an exciting time in our journey, and we are confident we have put in place a strong offer which can help policyholders retain their valued life insurance policies,” said iExtend CEO David Sarkis.
The announcement follows the appointment of Peter Cassidy as iExtend's new chairman.