His Honour Professor the Honourable Hugh Heggie AO PSM, Administrator of the Northern Territory, has appointed Stuart Knowles as the Territory Coordinator.
Mr Knowles has been acting in the role since November last year.
Chief Minister Lia Finocchiaro said Mr Knowles' appointment as Territory Coordinator for four years meant the government could focus on delivering its promise to rebuild the economy.
"Stuart has extensive experience across both private and public sectors and brings a wealth of local knowledge through his deep connections and understanding of the Northern Territory's unique challenges and opportunities," she said.
"In our year of action, certainty and security we are charging ahead with rebuilding the economy and the Territory Coordinator has a crucial role to play."
In March, the CLP Government passed the Territory Coordinator Bill in Parliament, delivering on its commitment to streamline decision-making and ensure a more coordinated response to supporting significant and complex developments in the Territory.
"The Territory Coordinator strengthens our ability to deliver economic growth, attract investment, and streamline processes," said Mrs Finocchiaro.
The Territory Coordinator will work closely with government agencies, industry, and key stakeholders to prioritise projects, facilitate approvals, and ensure the Territory remains competitive on a national and global stage.
The Territory Coordinator legislation underwent rigorous consultation with industry, community groups, and key stakeholders to ensure it delivers real benefits for Territorians.