Iain Dunstan named Avaloq regional head for Australasia
Jul 31, 2013
Sydney/ Singapore, July 25th 2013 - The Avaloq group, the reference for integrated and comprehensive banking solutions, today announced the appointment of Iain Dunstan as Regional Head for Australasia. Joining Avaloq effective 8 July 2013, Iain Dunstan takes on a key role as the company scales up its internationalisation efforts into fast-growing Australasia.
As Regional Head, Iain Dunstan will be responsible for driving Avaloq’s expansion in the banking and wealth management markets in Australia and New Zealand, while leading on-going project delivery across the region. He will report to Peter Scott, General Manager APAC.
Speaking on Iain Dunstan’s appointment, Peter Scott said, “The wealth management industry in Australia has grown significantly in the past couple of years as the number of high net worth individuals (HNWIs) continue to rise. We’re delighted to welcome Iain on board and look forward to a great opportunity to support the technological demands of financial institutions as they ramp up their private wealth offerings.”
Australia’s HNWIs increased 15.1 per cent in 2012 compared to the previous year, according to the latest Capgemini’s World Wealth Report 2013.
Regionally headquartered in Singapore, Avaloq has seen a strong expansion in the Asia-Pacific region in recent years. The company opened its office in Sydney in February 2013, having signed its first major Australian customer.
Iain Dunstan has more than 20 years of solid experience in the IT industry, working with leading financial software and ERP systems providers. He was previously the founder and Managing Director of the ASX listed Bravura Solutions Limited. Prior to that he has held senior management roles within Computer Sciences Corporation and Policy Management Systems Corporation.
Iain Dunstan also won the 2007 Ernst & Young “Entrepreneur of the Year” award in the Technology, Communications, e-Commerce and Life Sciences category. He has a Master’s Degree in Commercial Law and an MBA from Macquarie Graduate School of Management.
“This is an exciting period for the Avaloq team in Australasia. Avaloq has had stellar achievements supporting some of the world’s leading banks with our award-winning solutions,” said Iain Dunstan.
Re-disseminated by The Asian Banker
Categories: Technology & Operations
, Iain Dunstan