THE head of Tasmania's Treasury department will step down from the role after handing down the May Budget.
Martin Wallace has told Premier Lara Giddings he believes personal circumstances mean he can no longer devote the time and energy necessary to fulfil the role of Treasury secretary.
He will continue in his part-time position as chair of the Government's Electricity Reform Oversight Committee until the major elements of the reform have been implemented.
"I have reluctantly accepted Mr Wallace's resignation, which will take effect from July 5," Ms Giddings said today.
"Mr Wallace has held the Treasury secretary's position since November 2010 through what has been a particularly challenging time.
"I wish to thank him for his untiring efforts and the way he has dealt with difficult issues, progressed important reforms and contributed in no small part to bringing the Tasmanian Budget back under control following the … Global Financial Crisis.
Mr Wallace has enjoyed a notable career in the public sector, including senior roles in Treasury, Health and Aurora Energy.
Tony Ferrall, the deputy secretary of Budget and Finance, will be acting secretary of Treasury until the position is filled permanently.
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