Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy, and the Minister for Finance and Deregulation, Senator Penny Wong, have announced that Siobhan McKenna has been appointed chair of NBN Co.

The three-year term of the current chair, Harrison Young expired on 14 March 2013. Harrison has decided not to stand for reappointment.

Siobhan has served on the board of NBN Co for three years. She is also a director on the board of Ten Network Holdings, DMG Radio Australia, Illyria Pty Ltd and the Australian Ballet. Siobhan has previously served as a commissioner with the Productivity Commission, a director with Prime Media Group and a partner with McKinsey & Company.

“Ms McKenna brings extensive experience to the role and her expertise will help guide NBN Co. as it rolls out the NBN,” Senator Wong says.

Senator Conroy thanked Harrison for his commitment to NBN Co.

“I want to thank Harrison Young for his service on the NBN Co board,” Senator Conroy says.

“He has been integral to establishing the commercial arrangements that provide a strong foundation for the company and the volume rollout of the NBN.”

Harrison says, “It has been a privilege and a pleasure to serve as chairman of NBN Co. under the direction of Senators Conroy and Wong.

“I wish Siobhan, Mike Quigley and all my colleagues at the company the very best as they take this important initiative forward.”