City's Economic Leadership in Safe Hands

Last updated 31 Oct, 2023

In a recent announcement, Council has endorsed the reappointment of eminent South Australian business leader Nikki Govan to lead the Adelaide Economic Development Agency (AEDA) for an additional year. Following her leadership, respected city property business owner and current AEDA deputy chair Steve Maras will transition into the role of chairperson for the next two years.

Lord Mayor Jane Lomax-Smith said the move is in the best interests of AEDA and the City of Adelaide to deliver a strategic plan to oversee the economic performance of the city. Both Govan and Maras bring valuable skills and experiences to the AEDA board, ensuring a smooth and effective transition.

"The panel, in its deliberations, noted the remarkable skills and experience both individuals bring to the AEDA Board," stated the Lord Mayor. "Nikki is an immensely experienced chair, board member, and business owner with industry experience across multiple sectors, including executive experience across public, private and not-for-profit spheres.

"In Steve, we have a leader with a multifaceted background, including commerce, finance, commercial and retail property investment, and development. When Nikki completes her term, Steve will hit the ground running."

Nikki Govan said she looked forward to AEDA collaborating with Council as much as possible. “The transitional arrangement will ensure stability within AEDA and, an extension of the current chair with a transition to a respected city business leader, demonstrates Council strongly supports the leadership of the board to deliver for the city,” said Ms Govan.

“Continuation of the current chair sends a very strong message to the business community that the Council has confidence in the role and contribution of AEDA. It’s a move that helps crystalise AEDA’s reputation as an “entity of choice” that will attract high calibre personnel for future positions – including employees, board and Advisory Committee members.

“Steve and I are both committed to delivering on the three-year plan using our combined experience, networks and relationships, and expertise.”

Deputy Lord Mayor Phillip Martin said he was pleased to see AEDA’s future chairs’ commitment to helping Council achieve the city’s economic goals – and to ensuring ongoing stability and collaboration between the City of Adelaide and AEDA.

To learn more about AEDA’s Board, click here.