Smart grid tech start-up GreenSync has appointed Mark Woodall as chair, replacing inaugural chair Neil Gibbs.

Mr Woodall has been a leader in the development and financing of renewable energy and clean technologies for almost 25 years, founding two specialist investment banking firms focused on the low carbon economy: Impax Capital in1994 and Climate Change Capital in 2002.

He is a non-executive director of Carnegie Clean Energy, chair of Future Super’s investment committee, and chair and co-founder of Akereos Capital.

“This is an important time in our growth and development as a company and it’s wonderful to welcome a new Chairman with such international experience,” GreenSyncchief executive Phil Blythe said. 

Having been in the climate and energy domain for more than 20 years, Mark is going to be able to accelerate our development as we move to the next stage and look to markets around the world.” 

Mr Blythe thanked outgoing chair Neil Gibbs. 

“Neil to me will never leave the company,” he said. “He’s been here with me right from the start and has helped us create GreenSync into what it is today. He’s helped us shape the Australian market and he should take credit for the amazing things we’ve done here in Australia.”