David Thodey to chair Jobs for NSW board

The former Telstra CEO will chair the Jobs for NSW board and advise the state government on how to best spend its AU$190 million in order to create 150,000 new jobs in four years across NSW.

David Thodey, former Telstra CEO and current chair of the CSIRO board, on Thursday added another notch to his belt and was announced as the chair for the New South Wales government's Jobs for NSW initiative.

According to the Department of Industry, Jobs for NSW was created to help meet the state government's commitment to add 150,000 jobs in four years. According to Anthony Roberts, the Minister for Industry, Resources and Energy, the advisory board was formed to oversee the fund and advise on the best way to spend its allocated AU$190 million.

"We want NSW to be a global leader when it comes to innovative policies to drive job creation and maximise the state's resources, talent, and potential," Roberts said.

At least 30 percent of the Jobs for NSW fund will be allocated to regional and rural areas, which includes all areas outside of Sydney, Newcastle, and Wollongong.

The advisory board also appointed its chief on Thursday, with the former APAC president of medical equipment manufacturer ResMed, Karen Borg, announced as the Jobs for NSW CEO.

"Karen brings a unique mix of skills to this high profile role, with broad international experience and business acumen," Thodey said. "This is important for the people of NSW."

Joining Thodey on the board is Mike Cannon-Brookes, co-founder and CEO of Sydney's startup success story Atlassian Software Systems; Dr Chris Roberts, former CEO and president of Cochlear Limited; Jane Cay, founder of online fashion business Birdsnest and a founding board member of the National Online Retailers Association; Helen Zimmerman from global education provider Navitas; Blair Comley, secretary for NSW Department of Premier and Cabinet; and Simon Smith, secretary for the NSW Department of Industry.

Thodey begins his time on the board at the CSIRO this month, whilst Cannon-Brookes' Atlassian filed for initial public offering on the Nasdaq exchange earlier this month.