David Bartlett, MP

Premier

Friday, 2 July 2010

 The Premier, David Bartlett, today announced that Mr Don Challen is to retire from his position as Secretary of the Department of Treasury and Finance on 15 October 2010.

"Mr Challen has been an outstanding public servant who has headed up two major government agencies - the former Tasmanian Development Authority and the Department of Treasury and Finance," Mr Bartlett said.

"He has overseen the development of 17 budgets as Secretary of Treasury."

Mr Challen is currently the longest serving head of agency in Tasmania. Nationally, he is the longest serving Head of Treasury.

"He has made an immense contribution to public administration and financial management in Tasmania," Mr Bartlett said.

"During his term as Treasury Secretary, Mr Challen steered the State through three Credit Rating upgrades, served with distinction as Chairman of the Tasmanian Gaming Commission and a member of the Basslink Development Board, and had overall responsibility for the very challenging and successful project to achieve Tasmania's entry into the National Electricity Market.

"Mr Challen leaves on a high note having helped the Government manage the impact of the Global Financial Crisis on Tasmania.  

"I am pleased that the strategy encapsulated in this year's budget has resulted in Moody's and Standard and Poors confirming Tasmania's existing credit ratings of Aaa/AA+.

"I have been keen to ensure that Mr Challen's capability and experience was not lost to the Tasmanian public sector.  

"Mr Challen will continue in his role as Chair of the Tasmanian Public Finance Corporation and will shortly be recommended for appointment to the Retirement Benefits Fund Board. Mr Challen has indicated that he will also make himself available for other potential board appointments where his knowledge and skills would make a great contribution.

 "I have agreed with Mr Challen a consultancy arrangement so that the Government can continue to access Mr Challen's very valuable experience and skills. 

"I congratulate Mr Challen on his performance and contribution to Tasmania as Secretary of the Department of Treasury and Finance and look forward to his continuing contribution to the State."