Mr. Clarence Hoot is the Managing Director of the Investment Promotion Authority.

He has been serving the Investment Promotion Authority for over 22 years backed with more than 30 years of experience in the government sector.

He was appointed Managing Director of the Investment Promotion Authority in 2016 after serving as the Director for the Investor Services and Promotion Division where he was directly responsible for the implementation of investment and export promotional activities.

Mr. Hoot sits in various Boards including the IPA Board, Petroleum Advisory Board, National Institute of Standards and Industrial Technology Council, Institute of National Affairs Council and the PNG Institute of Directors.

Mr. Hoot holds a Master in Business Administration, specializing in International Business from the University of Southern Queensland, Australia, a Bachelor Degree in Economics - Business Studies from the University of Papua New Guinea and a Diploma in Economic Policy Analysis from the PNG National Research Institute.