Clarence Hoot is the Managing Director of the Investment Promotion Authority of Papua New Guinea. As Managing Director, he sits in various Boards such as the Petroleum Advisory Board, the National Institute of Standards and Industrial Technology and the Investment Promotion Authority.

Mr. Hoot has represented Papua New Guinea in numerous capacities, including in the Asia Pacific Economic Cooperation (APEC) in which he was the first Papua New Guinean to be appointed as a Co-chair to lead discussions in the Investment Expert Group. He is also an active member of the Regional Investment Analysis Group with APEC Study Centre at Royal Melbourne Institute of Technology, Australia.