The Minister for Trade, Tourism and Investment Simon Birmingham has expressed thanks and acknowledged the contribution of outgoing Australian Trade and Investment Commission (Austrade) Chief Executive Officer Stephanie Fahey.

Dr Fahey has advised of her decision to step down as Austrade CEO with effect on 10 July 2020.

“As CEO, Dr Fahey has overseen a number of important initiatives within Austrade to better support Australian industries and exporters,” Minister Birmingham said.

“Austrade promotes Australian trade, investment and education to the world to grow Australia’s prosperity and has been working to help Australian businesses through the COVID-19 crisis, including the education and tourism sectors. 

“Under Dr Fahey’s leadership, Austrade undertook a comprehensive organisational review that has helped to strengthen its service delivery capabilities and client focus. 

“Austrade’s Strategy 2018-2022 harnessed digital technologies and introduced innovative client-centred services, including tools to support digital products and services exporters.

“Dr Fahey oversaw Austrade’s work in regional Australia, showcasing regional investment and export opportunities, developing new interactive on-line trade and investment tools.

“As a member of the high-calibre, industry led Nation Brand Advisory Council, Dr Fahey’s work will inform the future positioning of Australia as a nation of irrepressible optimism and opportunity. This will be of lasting benefit to Australian exporters, such as the success stories on show at the impressive 2019 Austrade Export Awards.

“During Dr Fahey’s tenure, Austrade has also supported the Australian tourism industry with enhanced data analytics to identify and respond to emerging tourism trends. This work will be important as our tourism industry emerges from its greatest ever challenge.

“I wish Dr Fahey well with her future endeavours and contributions to Australia’s internationally focussed businesses and industries.”

Deputy CEO Tim Beresford will provide temporary leadership to Austrade until a permanent CEO is appointed.