Ipac appointment targets e-commerce

Mike Dunne has joined Ipac as technology and business services general manager in a bid to enhance its e-commerce capabilities to advisers.

Mike Dunne has joined Ipac as technology and business services general manager in a bid to enhance its e-commerce capabilities to advisers.

Dunne’s appointment to the newly created position puts him in charge of the devel-opment and implementation of the Internet strategy.

He says his main focus will be to provide functionality and better access to Ipac serv-ices for Ipac’s financial planners and strategic partners rather than build a high traffic Web site.

Dunne is also aiming at ensuring financial planners remain the primary source of fi-nancial advice at Ipac. He says Ipac has structured its business in three tiers to work with its own planners, its strategic partners and then the public.

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"We are not putting all our effort into creating public access functionality but looking at the value inherent in providing this to our own people," Dunne says.

Before joining Ipac, Dunne was with Monitor Money until 1998 and was part of the management buyout in 1991.

In that time, Dunne held a number of senior roles including technology director and managing director of Monitor Money subsidiary Assure Services and Technology. Prior to this he ran his own independent software and IT company.

Dunne is the chairman of the Financial Planning Association (FPA) Information Technology and Electronic Commerce Forum. At Ipac, he will report to chief execu-tive officer Peeyush Gupta.