Insurance comparison website iSelect will not appoint Nadine Lennie as CFO, after “unsolicited strategic interest” in the company made the role’s tenure uncertain.

Vicki Pafumi – who was acting CFO after the resignation of Darryl Inns – has been appointed permanent CFO. Ms Lennie was to take up the role from Ms Pafumi, who would have then returned to her role of Group Executive of Business Operations.

As previously reported by insuranceNEWS.com.au, iSelect has received “several unsolicited and non-binding” offers, while Innovation Holdings Australia Group – linked to competitor Compare the Market – has raised its stake in the listed online comparator.

The proposals from “listed and unlisted parties” relate to mergers and change-of-control transactions, but iSelect has not named the parties involved. The board is reviewing the approaches and “assessing their merit”.

Ms Pafumi’s previous responsibilities have been restructured across the leadership team

Ms Lennie was previously with listed payments company Afterpay Touch Group.