Wynn will be part of a new executive team which is being assembled by former Cofunds operations director Stephen Mohan, who was recruited earlier this year to spearhead the expansion of Allfunds in the UK and Ireland.

In his new role, Wynn will be responsible for the local relationship between the platform provider and fund groups.

Wynn will join Bradley Lewis, who was recruited in October to lead Allfunds’ UK commercial activities.

Before joining Allfunds, Wynn was at Legal & General, where he rose to director of platforms and policy.

Allfunds Bank has recently implemented a new business model of RDR compliant solutions and currently administers £11 billion of assets across 20 UK clients.