Former Foxtel chief Peter Tonagh has reportedly found a new role running a consortium of investors and corporate players who are in the running for a lucrative tech design contract.
According to Fairfax, Tonagh has been appointed as CEO of the consortium, which is pitching for the federal government’s contract to develop a new IT system for visa processing.
The consortium, known as Australian Visa Processing, has a number of backers including NAB, Qantas, Australia Post, Ellerston Capital, and TPG’s The Rise Fund.
Fairfax believes Tonagh’s past dealings with Ellerston Capital’s Ashok Jacob (who is chairman of the venture), played a big part in his appointment to the CEO role.
Tonagh lost the race against Patrick Delaney to remain as Foxtel’s boss in January, after News Corp and Telstra decided to merge the pay TV business with Fox Sports, of which Delaney was CEO.