Two experienced agribusiness finance executives – Leith Boully and Zoe Kenneally – hav been appointed to the board of the Queensland Rural Adjustment Authority (QRAA).
QRAA is a Queensland Government statutory authority and specialist administrator of government financial assistance programs including loans, grants, rebates and subsidies – with a specific focus on the development of rural and regional Qld.
Agriculture Minister Bill Byrne has welcomed the appointments.
Ms Boully has served on many boards across the water and natural resource management, agricultural and education sectors, including currently as chairperson of SunWater.
She is also a director of the Isis Central Sugar Mill and an adjunct professor with the Global Change Institute at the University of Queensland.
As well, Ms Boully is a former graduate of the Australian Rural Leadership Program, has tertiary qualifications in science and business, and has operated a successful farming and grazing agribusiness for 30 years.
Ms Kenneally is currently the chief financial officer with international agribusiness investment firm Laguna Bay Pastoral Company, and worked for 13 years as an agribusiness director with consultancy group, Ernst and Young where she oversaw a range of technical accounting and assurance roles for major clients.
She is a chartered accountant with extensive experience working with agricultural industries, primarily in beef, and in dealing with pastoral property valuations and audit committees.
QRAA Chairman, Wayne Carlson says the new directors would bring additional financial and governance experience to the board at an exciting time for QRAA which is delivering record levels of financial assistance.
From 1 July 2017 QRAA will become the Queensland Rural and Industry Development Authority (QRIDA) reflecting its broader role and functions including farm debt mediation.
Current director Dugald Warby has been reappointed for a further term.
Mr Warby is also a chartered accountant and is a director of Williams Hall Chadwick with extensive experience in agriculture and services to regional Queensland.
Chairman Wayne Carlson thanked outgoing board members, Georgie Somerset and Christopher Hood for their valued contribution to the QRAA board and strategic direction during their terms.
Zoe Kenneally, Leith Boully and Dugald Warby join Chairman Wayne Carlson and existing members Belinda Turner, Elton Miller and Warwick Agnew on the QRAA Board.