Port of Brisbane Pty Ltd (PBPL) Chairman, Guy Cowan, today announced the appointment of Neil Stephens as Chief Executive Officer for Port of Brisbane.

Mr. Stephens has led the Port over the last eight months as Interim CEO while continuing in his capacity as Chief Financial Officer.

PBPL Chairman, Guy Cowan, said the PBPL Board had worked with a leading executive search firm to conduct an extensive international search, reaching high-caliber leaders from a broad range of backgrounds and industries.

“As a Board, we have been impressed with Neil’s leadership as Interim CEO with the strong support of the Port’s Executive Leadership Team, during what has been a challenging period for our industry and the Australian and global economy as a whole,” said Mr. Cowan.

“We believe that Neil is the right person to lead the organization moving forward and we are excited to see PBPL deliver on its long-term vision to be Australia’s premier port and logistics hub.

“On behalf of the PBPL Board of Directors, I would like to congratulate Neil on his appointment and thank the entire Port of Brisbane team for their ongoing support and commitment.”

PBPL CEO, Neil Stephens, said it was a great privilege to lead the Port of Brisbane in its next phase of growth.

“I’m excited to continue working with our team, our customers, our stakeholders, and our shareholders to grow value for the entire port community,” Mr. Stephens said.

“We’ve seen the port community respond magnificently to both Covid-19 challenges and the recent flooding crisis. As we continue to recover and as Queensland continues to grow as we head towards the 2032 Olympics, we have a lot to look forward to.

About Port of Brisbane

The Port of Brisbane is a cornerstone of the Queensland economy – it is one of Australia’s fastest-growing container ports and the state’s largest multi-cargo port.

Located at the mouth of the Brisbane River, the Port of Brisbane is managed and developed by the Port of Brisbane Pty Ltd (PBPL) under a 99-year lease from the Queensland Government.

PBPL is owned by the APH Consortium (formerly known as Q Port Holdings consortium), comprising four of the world’s largest and most experienced infrastructure investors. The members are Caisse de dépôt et placement du Québec; IFM Investors; QIC Private Capital Pty Ltd on behalf of its managed funds; and Tawreed Investments Ltd, a wholly-owned subsidiary of the Abu Dhabi Investment Authority.