Chris Barrett Appointed Chief Executive Officer Of Invest Victoria

Chris Barrett Appointed Chief Executive Officer Of Invest Victoria

Victoria Minister for Economic Development Tim Pallas

New CEO To Help Drive Investment In Victoria

Victor P Taffa

Former Australian ambassador to the OECD Chris Barrett has been appointed Chief Executive Officer of Invest Victoria.

“I’m delighted to announce that Chris Barrett will head up Victoria’s new investment attraction agency, Invest Victoria.” Minister for Economic Development Tim Pallas said.

“Mr. Barrett’s global experience and deep understanding of economic development will provide strong leadership for Invest Victoria to drive investment and business growth, securing Victoria’s long-term economic prosperity.”

Invest Victoria was set up under the new Economic Development portfolio to help attract investment to the state and support the Andrews Government’s economic growth agenda.

As part of its establishment, an extensive local and global search was conducted to find its first CEO.

“Innovation and new technology are driving rapid changes to the global economy and taking advantage of this emerging opportunities is vital to maintaining and growing Victoria’s strong economy.” Invest Victoria CEO Chris Barrett said.

“I’m excited to take up this challenge and lead a new agency and a new approach to bring new investment to the state.”

Mr. Barrett is a highly experienced leader internationally in government and public policy organisations, with experience spanning global economic and development agencies, and state and federal public sector.

Most recently, Mr. Barrett was the Executive Director, Finance and Economics for the European Climate Foundation, which followed his role as the Ambassador and Permanent Representative of Australia to the OECD.

In Australia, Mr. Barrett is a former Deputy Secretary of the Victorian Department of Premier and Cabinet.

Mr. Barrett’s global experience representing Australia and depth of economic development and policy insight will boost Victoria’s strong track record in investment attraction.

Since December 2014, the Andrews Government has facilitated investment projects valued at over $9.5 Billion in new capital investment, expected to create over 26,000 new jobs.

In 2019, Invest Victoria has already facilitated several high profile foreign direct investment wins, set to create jobs and bring cutting-edge research and technology to Victoria.

This includes the selection of Melbourne as the first international city to trial Uber Air, the establishment of the Asia Pacific headquarters and R&D centre for major US biotech company Praxis Precision Medicines in Parkville and the Australian headquarters and distribution centre for global retail giant Kaufland.