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QTC has a statutory responsibility to advance the financial position of the State, and a mandate to manage and minimise financial risk
In 2012, QTC farewelled Stephen Rochester following his resignation after almost a quarter of a century of visionary leadership as QTC’s inaugural Chief Executive and then Chairman. Amidst a challenging operating environment, including continued uncertainty and volatility in the global…
QTC also underwent change internally, with the resignation of its Chairman, Sir Leo Hielscher AC, following nearly seven decades of public service. With the appointment of QTC’s Chief Executive, Stephen Rochester, to the position of Chairman, QTC welcomed its new…
With greater understanding of its clients’ requirements, QTC customised its lending products, establishing client specific debt pools for larger borrowers to give them complete flexibility and increased capacity to manage the risks inherent in their debt portfolios. To provide more…
At the end of the 1990s, QTC recognised it could offer its clients more than simple debt issuance. QTC implemented a client focused approach, called the ‘customer loyalty operating model’ that set out to understand its clients’ businesses, challenges and…
Building on its success in delivering value to clients from its debt funding economies of scale, QTC broadened its capabilities and established an independent corporate advisory service in 1994. Introducing these complementary services allowed QTC to achieve economies of scope…
Queensland Treasury Corporation (QTC) was established on 1 July 1988 as a division of the Queensland Treasury Department, assuming the central borrowing authority role of its predecessor, the Queensland Government Development Authority. Its function was to maximise value for the…
Queensland Treasury Corporation (QTC) originated through strategies formulated over three decades by a dynamic team led by inaugural (and now Foundation) Chairman, Sir Leo Hielscher AC—one of Queensland’s longest-serving public servants. Since its inception in 1988, QTC has developed an…
Foundation Chairman BComm, D Univ Griffith (Hon), AAUQ, AASA, FAIM, FCPA, FFTP (Hon) Appointed 1 July 2010, following retirement from the role of Chairman on 30 June 2010 that he held for 22 years.
Board members are appointed by the Governor-in-Council, pursuant to section 10(2) of the Queensland Treasury Corporation Act 1988 on the recommendation of the Treasurer and in consultation with the Under Treasurer. Members are chosen on their ability and commitment to…