Northern Australia Infrastructure Facility (NAIF) CEO Craig Doyle has advised the NAIF Board of his intention to retire from his position in August, ending three successful years at the helm of the NAIF.
As CEO, Mr Doyle is responsible for the administration of NAIF, leading a talented and diverse team of professionals tasked with unlocking prosperity in our regions and driving growth in the northern Australian economy.
Mr Doyle joined as CEO in June 2022 and has since overseen a large number of NAIF's portfolio of investments ranging from large-scale resource and energy developments to social infrastructure projects.
Minister for Northern Australia, the Hon Madeleine King MP, reflected on Mr Doyle's time as CEO and said he would leave the NAIF in a strong position.
"Craig's leadership oversaw a crucial period for the NAIF, where they supported $1.3 billion of loans estimated to return $20 billion in public benefit to northern Australia," Minister King said.
"While it will be business as usual for Craig until his final day in August, I want to take this moment to acknowledge his significant contributions in leading the NAIF.
"Craig departs with the gratitude of myself, the Government and key stakeholders and I wish him all the best with future endeavours."
Under the NAIF Act, the Board is responsible for appointing the CEO, and a recruitment process will soon be underway to ensure continuity. The process will be open, transparent and merit-based.
The Australian Government will continue to work with the NAIF Board on these arrangements.
