OncoRes Medical chief executive Katharine Giles has been appointed to the federal government’s newly-created National Reconstruction Fund Board.
OncoRes Medical chief executive Katharine Giles has been appointed to the federal government’s newly-created National Reconstruction Fund Board.
The National Reconstruction Fund was established in April this year to boost Australian manufacturing capacity, bolstered by a $15 billion investment from the federal government.
Dr Giles was among the industry specialists appointed to the newly-established board, as revealed in an announcement today.
Dr Giles has led Nedlands-based medical device manufacturer OncoRes Medical for six years and has a wealth of experience in medical science.
She has also worked at medical investment company Brandon Capital Partners for nearly 12 years and currently holds the position as venture partner.
Dr Giles serves as non-executive director at Sonic Healthcare and as a member of the Curtin University Commercialisation Advisory Board.
World Wide Fund Australia president Martijn Wilder was announced as chair of the National Reconstruction Fund Board.
He said he was honoured to be asked to fill this position and was looking forward to rebuilding industrial capabilities and driving innovation.
“This is an experienced and capable board with the range of experience necessary to manage risk and drive decision making across the fund’s priority areas,” Mr Wilder said.
Federal Finance Minister Katy Gallagher said appointing the board was a crucial step in implementing the federal government’s ‘A Future Made in Australia’ policy.
“The board members announced today will be key to ensuring that we, as a nation, grasp the opportunities before us to diversify and transform the Australian economy,” Ms Gallagher said.
Also appointed to the National Reconstruction Fund Board was Invest Victoria chair Ahmed Fahour, former Federal Industrial Relations Minister Kelly O'Dwyer, technology industry executive Daniel Petre, South Australian Department of Treasury and Finance’s Risk and Performance Committee chair Kathryn Presser, Regional Investment Corporation and the National Affordable Housing Consortium chair Karen Smith-Pomeroy, and AustralianSuper non-executive director Daniel Walton.