LIXI AGM Connects the Way for the Future

LIXI held its Annual General Meeting (AGM) in Sydney on 13 Nov 2008, capping off a year of major developments for the group.

LIXI CEO Erik Fenna said that the AGM and the Evening Series strategy session that followed reaffirmed that LIXI was not just on the right track in the eyes of its members, but was setting a new path for leadership in the industry.

“LIXI received some tremendous feedback from our members. Our work on technical projects and issues surrounding intellectual property and funding all received strong endorsement from the membership base,” said Mr Fenna

“With a LIXI Board member hosting each table of the Evening Series discussions, we received a very high level of constructive contributions. The output from each group allowed the Board, especially our newly elected directors, to garner a wide range of industry feedback and to obtain a broader view.”

“The clearest message we received is that LIXI members are pressing LIXI for more direct assistance with implementation. We are hearing this very strongly,” said Mr Fenna.

“Assistance from consulting or direct implementation services is a clear growth path for us. Even more so, the LIXI membership is expressing a view that LIXI does have a role in this and is not just a standards body.”

The LIXI Board elections saw the return of all seven sitting members including Chairman John Hearne. Three new members join the Board as well. The following directors were elected for 2009:

Curtis Brager – NextGen.Net*
Chris Carn - nabbroker
Nick Carr - Allette
John de la Torre – The Home Loan Centre*
Simon Elwig - CBA
John Hearne – QBE LMI
Simon Libbis – NECS*
Joanne Mather – Mortgage Choice
Phil Naylor - MFAA
Mike Thanos - LTX
* denotes newly elected

Former Directors, Sean O’Brien and Neil Edwards, who retired at this AGM, we thanked for their contribution to LIXI by the Board and Chief Executive.

The AGM caps off a highly successful year for LIXI that has seen the appointment of Erik Fenna as the organisation’s first full time CEO. As well membership and licensing revenues have increased by around 15% year on year. LIXI’s reach into the industry is growing organically, now with over 100 member participants -  up 20% on last year.