A new chairman has been appointed to take the reins of Enterprise Great Lake Taupo.
Greg Stebbing has been appointed chairman after accountant and entrepreneur Sue de Bievre stepped down.
"Sue has built an impressive board in its formative stages and led the organisation at a very hands-on level for the past few years," Mr Stebbing said.
"Her strength in ensuring that the board maintained a strategic focus and her passion for innovation will be missed."
Mr Stebbing said the board acknowledged Ms de Bievre's dedication and commitment to economic growth in the Taupo district and wished her well for her new business.
Mr Stebbing has served as a trustee on Enterprise Great Lake Taupo for the past 2 years and has close to 40 years' experience in the forestry and timber manufacturing sector.
"I think Enterprise Great Lake Taupo has achieved a lot over the past few years, although due to the nature of the work we do, the results are largely unseen by the general public," he said.
"We are focused on ensuring we have the capability to turn ideas into viable commercial businesses that will create jobs and generate economic benefit for the greater Taupo region."
Mr Stebbing said the trust's focus was to attract investors in the forestry and geothermal energy sectors, and work with the Taupo District Council.