The business will now be Napier Conferences and Events, based in the War Memorial Centre but also with its own website, linked to other venues such as the MTG, Century Theatre, the Municipal Theatre and National Aquarium.
The council is working on design concepts for the reinstatement of the War Memorial features, with the intention of having them in place by Anzac Day next year.
Wise said it was a "great step in terms of healing the wounds that had been caused when we removed the War Memorial elements from the Napier War Memorial Centre in 2016".
The War Memorial Centre website would be able to tell "the stories of our fallen heroes", the battles in which they had been involved, and the War Memorial Centre itself.