iSelect co-founder Damien Waller will step down as a non-executive board director at the end of this month.

After starting the company with David Urpani in 2000, Mr Waller has been heavily involved in the comparator’s day-to-day running in the past 17 years, as CEO, MD and chairman.

“iSelect has a strong board and management team in place, and the company is well positioned to deliver on its growth strategy across a wide range of attractive markets,” Mr Waller said last week.

“In light of this, I am comfortable in leaving the board, so I can focus on my other business interests that are at an earlier stage of development.

“I plan to retain a significant interest in the business and remain a major shareholder.”