• The National Reconstruction Fund Corporation (NRFC) has appointed David Gall as Chief Executive Officer, a week after the first investments of the fund through the Industry Growth Program have been announced.
Source: NRFC
    The National Reconstruction Fund Corporation (NRFC) has appointed David Gall as Chief Executive Officer, a week after the first investments of the fund through the Industry Growth Program have been announced. Source: NRFC
Close×

The National Reconstruction Fund Corporation (NRFC) has appointed David Gall as Chief Executive Officer, a week after the first investments of the fund were announced through the Industry Growth Program.

Gall has had a 35-year career, spanning corporate, commercial, and retail banking. He spent 16 years at National Australia Bank (NAB), including as Group Executive for Corporate and Institutional Banking. His contribution to the financial services sector is demonstrated by four years as President of FINSIA (the Financial Services Institute of Australasia).

NRFC chair, Martijn Wilder, said Gall impressed the team with his commitment to supporting Australian industries and creating long-term economic opportunities.

“His depth of experience, and strategic vision make him the ideal executive to lead the work of the NRFC to deliver investments that will shape the future of Australian industry,” said Wilder.

“With his deep expertise in industry, finance and strategic leadership, David is well-equipped to deliver on the NRFC’s mandate to invest in innovative projects that strengthen the nation’s industrial base.”

Gall said he was looking forward to investing in projects that create unique capabilities in Australia, and will deliver significant value to the economy.

“I believe in the power of strategic investment to create value, drive innovation, and rebuild the industrial capabilities that are vital for Australia’s future,” said Gall.

“My experience managing relationships across corporate, institutional, and government sectors has given me a deep understanding of the collaboration required to achieve impactful outcomes.

“I look forward to working with the Board, our talented team, and stakeholders to deliver investments that drive economic growth and create jobs in key sectors,” he said.

Packaging News

Clorox Australia, the company behind GLAD garbage and kitchen bags, has been fined $8.25 million after the Federal Court found it misled consumers about its environmental claims.

For the first time in New Zealand, the country’s only glass manufacturer, Visy, has achieved an average of 70% recycled glass content in its locally-made bottles and jars.

Amcor has been recognised with an AA rating by MSCI ESG Research for its strong sustainability performance.