Port of Melbourne announces new CFO


The Port of Melbourne has announced the appointment of Leigh Petschel as the organisation’s new Chief Financial Officer (CFO).

Petschel will join the port on 13 November after serving as CFO and Vice President at Monash University since mid-2021.

Petschel formerly worked for Transurban in Australia and North America as a General Manager and Vice President.

Port of Melbourne CEO Saul Cannon said Petschel’s combination of experience was well aligned with the organisation’s priorities.

READ: Port of Melbourne container volumes drop by 3.9 per cent in April 2023

Cannon stated: “Leigh not only has an extensive history in financial and business strategy in infrastructure and regulated sectors, he also brings a focus on innovation and global perspectives.

“Port of Melbourne is Australia’s largest container and general cargo port, and Leigh will play a pivotal role in retaining and growing that position.

“His experience in partnering with industry and government will also stand us in good stead, ensuring that we continue to deliver on our stewardship obligations to the State and work constructively with port users.”

In June 2023, International Container Terminal Services (ICTSI) announced that the project to accommodate larger ships at the Victoria International Container Terminal (VICT) at the Port of Melbourne, Australia is on schedule to be operational by 2024.

One month later, the Port of Melbourne reported that overall container traffic, both full and empty, was lower in July 2023 compared to the previous year.

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