Bombora Advice has appointed industry veteran David Mounsey to the newly created role of business growth and development manager.
Mounsey is tasked with attracting new practices or advisers to Bombora's network and working with existing firms to forge referral relationships with other professional services firms.
His previous roles include head of retail sales at TAL, where he worked for almost a decade, and head of adviser services at AIA Australia.
Founder and managing director Wayne Handley said Mounsey's experience will strengthen the national licensee's risk offering and drive growth.
Mounsey said: "I'm excited to have the opportunity to contribute to Bombora's ongoing success and to work with the organisation's highly motivated and respected risk advice practitioners.
"The role of business growth and development manager provides me the opportunity to assist advisers and practices to enhance and lift productivity and capitalise on business opportunities in an increasingly complex and challenging financial services environment."
Handley said with industry turmoil continuing, there's a real benefit for risk practices to join or align themselves with a specialist advice licensee like Bombora.
"Even though conditions are challenging - the opportunities for quality risk advice firms have never been better," he added.
Handley further noted that time has validated for Bombora that specialisation is the foundation for long-term success and the driver of a more innovative approach to delivering risk advice.
"With the appointment of David Mounsey, Bombora is well-placed to capitalise on its reputation and marketplace offer ...and leverage and expand the group's resources and capabilities to a broader base of risk advice practitioners and practices."