Premier

LaunchVic Chair Steps Down

17 February 2017

The Chair of LaunchVic, Ahmed Fahour, has today stepped down from his official duties leading the board of the Andrews Labor Government’s $60 million startup initiative.

I accepted Mr Fahour’s resignation when he notified me of his intention to leave the board in January, confident that LaunchVic had established a strong position to continue to lead in Victoria’s startup sector.

During his time as Chair, Mr Fahour oversaw the successful allocation of $11.4 million to 26 projects as part of LaunchVic’s first two funding rounds. He appointed LaunchVic’s new CEO and management team, and guided the team on establishing first-class policies and procedures for risk management.

I’d like to thank Mr Fahour for his contributions during the establishment of LaunchVic. In this honorary capacity, he played a vital role in ensuring there was sound direction and governance processes in place and he has been a great support to my office and LaunchVic CEO Dr Kate Cornick.

Deputy Chair Elana Rubin will act as interim Chair until further notice.

Reviewed 19 August 2020

Was this page helpful?