Northern Australia Infrastructure Facility (NAIF) CEO, Craig Doyle, has advised the NAIF Board of his intention to retire from the position in August, bringing to a close three years at the helm of the financier.
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, Madeleine King, 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.
