Whyte steps down as Lifetime chairman

David Whyte, who has served as the chairman for seven years, has stepped down, succeeded by new Lifetime director, Graeme Edwards.

Edwards has more than 30 years of experience in the financial services industry. His extensive background includes senior roles with National Mutual/AXA Group, Public Trust, and ASB Group, as well as his current work as a commercial barrister. He is well-versed in corporate governance, risk management, merger and acquisition, and financial advice law and practice. He also serves on the Financial Advice Code Committee, is the chairman of Spectrum Foundation, and the non-executive chairman of ASB Group Investments Limited.

"Graeme's vast experience and deep understanding of the financial services sector will add significant value in leading the Lifetime Board," said Peter Cave, Lifetime managing director. "We are confident that under his guidance, Lifetime will continue to thrive and uphold the high standards set by David Whyte."

Whyte navigated Lifetime through significant regulatory changes, new licensing requirements, and a period of sustained growth. His stewardship during the successful merger between Camelot and Lifetime in 2018 has been instrumental in establishing Lifetime as a premier financial advice distribution company in New Zealand.

"David's commitment to excellence, education, and staff development has set a high standard for the company," Cave says.