New Under Treasurer appointed
- Experienced finance executive Paul Williams to lead Queensland Treasury.
- Mr Williams has more than 25 years' experience in banking, finance and property.
- Treasury oversees fiscal, economics, energy, climate and other services for Queenslanders.
The Crisafulli Government has appointed finance and banking leader Paul Williams as Queensland's new Under Treasurer.
Mr Williams has more than 25 years' experience in the banking and property industries, both in Australia and internationally.
His appointment will bring a fresh approach to the leadership of Queensland Treasury.
Mr Williams has served as Chief Financial Officer of Queensland-headquartered People First Bank and has worked in property and finance in Australia and overseas.
After completing his undergraduate degree at the University of Queensland, he gained a Master's degree from the University of Cambridge.
Mr Williams also has a Master of Business Administration and a Graduate Diploma in Applied Finance.
The central agency of Queensland Treasury leads the development of the Queensland Budget, provides fiscal, economic and intergovernmental policy advice, and now oversees energy policy for the state government.
Treasurer David Janetzki said Mr Williams was an outstanding candidate for Under Treasurer.
"We thank Mr Williams for joining the Treasury in this critical role," Treasurer Janetzki said.
"His appointment is a significant coup for Queensland.
"Mr Williams will guide Treasury as we meet the fiscal challenge of the debt and deficit legacy we inherited, as revealed in Labor's last budget update.
"I would also like to thank Acting Under Treasurer Rachel Crossland, who provided excellent leadership and wise counsel during her time in the role."
