RIC welcomes appointment of new Board member

Regional Investment Corporation (RIC) is pleased to welcome Mr Mark Tucker to the RIC Board as its fifth and final member.

Mark Tucker brings extensive experience as a Deputy Secretary across Australian Government departments including Agriculture, Fisheries, Forestry, Water and Environment, Communications, and the Arts.

In 2021, Mark was the Senior Agriculture Industry Engagement Officer for the Federal Government during the COVID pandemic. He also conducted independent reviews of the financial sustainability of the Australian Antarctic Division and the Overseas Agriculture Counsellor Network. Most recently, Mark held the position of Member of the Bureau of Meteorology Audit Committee and Deputy Chair of the Bureau of Meteorology Financial Statements Sub-Committee.

RIC Chair, Ms Karen Smith-Pomeroy, said: “I’m delighted to welcome Mark to the RIC Board. Mark has a longstanding career in key roles across national and international projects of significance for various governments including National Drought Policy reform.”

“Mark joins us at a very exciting time as RIC moves into our sixth year of operation, delivering concessional loans on behalf of the Australian Government to accelerate a pathway to a greater farm business ownership and prosperity, to grow the Australian agriculture industry and build thriving regional communities,” she said.

For more information about the RIC Board, please visit ric.gov.au/about/board

Media Contact: Melanie Monico | E media@ric.gov.au | M 0478 401 158. 

About the Regional Investment Corporation  
Regional Investment Corporation (RIC) is a Federal Government-backed specialist finance provider of low-cost loans for farmers and farm-related small businesses in financial need to accelerate their recovery, preparedness, and growth after severe business disruption such as drought, natural disaster, pests and other biosecurity risks. Our vision is to build thriving regional communities. As at 28 February 2023, RIC has settled more than 2876 loans valued at over $3.11 billion.