Issue No. 66 - August/September 2012
Airport a bellwether for SA fortunes
Mark Young brings decades of financial management experience in resource development and aviation sectors to bear on Adelaide Airport’s pivotal role in supporting South Australia’s mining sector growth.
Mark takes a measured, collaborative approach to his task and he has a track record of achievement behind him.
When Mark was named to succeed Phil Baker in November last year, Adelaide Airport Limited Chairman, David Munt gave Mark credit for his “key role in Adelaide Airport’s expansion and stunning passenger growth over the past decade”.
“He also led the successful $405m capital raising program throughout 2010 as part of AAL’s refinancing and expansion strategy, and has maintained the company’s strong credit rating and healthy balance sheet,” David said.
Mark was AAL’s CFO for a decade, from 2001 and before that worked for 20 years in a succession of roles with global resource development companies. He has a Bachelor of Economics (Accounting) at the University of Adelaide and is a Fellow of the Australian Society of Certified Practicing Accountants and a Fellow of the Australian Institute of Company Directors.
He’s a strong believer in personal development and keeping credentials relevant and current. He recently completed an Advanced Management Program at the Harvard Business School in the USA.
He says business development for Adelaide Airport has four main points of focus: Aviation business development, Property development, Aviation infrastructure development and Customer service development.
Customer service is a less tangible category but pervasive: Mark believes the Airport has a “clear and obvious” responsibility to serve as a gateway to South Australia and act as a “bellwether” for the state’s fortunes and prospects.
“We are very mindful of the fact that Adelaide Airport is an important piece of infrastructure that makes an impression on every business person and tr...