Krayem, the chief of North Queensland's NRL club the Cowboys from 1995 to 2001, has been appointed days after Fury secured Czech coach Franz Straka.

The Townsville man will leave his current positions as CEO of IPA, a leading recruitment and employee company, to take up the role.

Originally from Sydney, Krayem has highlighted re-engaging the community as a key for Fury.

"It's a fantastic opportunity as Fury are not just a Townsville club. This is a team for everyone from Rockhampton up to Cape York and it's critical that we re-engage the community," he said.

He plans to capitalize on the sport's popularity at a junior level, wanting to embrace those in the grassroots.

"There are so many kids, both boys and girls up here playing football and it's our job to tap into the grassroots level and build a strong football community, with the Fury at the heart of it," Krayem said.

Fury's interim CEO Archie Fraser praised his successor's experience and credentials.

"Rabieh's business credentials and understanding of the North Queensland community are the perfect assets for this position," he said.

"His experience with the Cowboys is obviously a bonus but it was his strong business and commercial acumen that really impressed us."

Krayem will complete his commitments with IPA before taking over, but will remain on the Fury's advisory board in that time. Meanwhile Fraser will move to a role with local advisory board after Krayem settles in.

There are currently 16 players in training under assistant Stuart McLaren and more in trials. The club's attention will now turn to adding to the playing group.

Football Operations Manager Robbie Middleby expects to make more announcements on significant new signings over the coming weeks.