Board of Directors
Ruth Devenyns
Chairman
Ruth is Investment Director of KBC Private Equity and has a masters degree in applied economics (Ghent University, 1986). She joined KBC Bank’s Economic Research Department in 1986, where she covered several industries including chemical and pharmaceutical, and published numerous articles in the bank’s economic magazine. In 1992, she moved to the bank’s Corporate Finance Department. In 1995, she was asked to start up KBC Securities’ equity research team, where she gradually specialized in biotechnology. She was actively involved in a number of IPO’s and private placements. Ruth is currently managing KBC’s private equity investments in life sciences.
Luc Vauterin, Ph.D.
Non-executive Director
Luc is Scientific Advisor at Applied Maths. He holds a masters degree in biochemistry and has worked for 10 years as a doctoral and post-doctoral researcher at the Laboratory of Microbiology of the Ghent University (Belgium) from 1987 to 1997. He earned a Ph.D. in biochemistry at the University of Ghent in 1995. Inspired by his own extensive studies on microbial biodiversity and the resulting need for integrative data analysis software, he started up Applied Maths in 1992 and has managed the company for 19 years.
Johan Cardoen, Ph.D.
Non-executive Director
Johan Cardoen is current CEO of CropDesign, Gent, Belgium and Chairman of FlandersBio. Johan Cardoen received his Ph.D. in biology from the University of Leuven, Belgium (1987). From 1988 until joining CropDesign, he worked for Plant Genetic Systems (PGS) as Technology Acquisition Manager and Business Development Manager. Prior to CropDesign, Johan was Head Technology Acquisition of AgrEvo Hoechst Schering (now Bayer CropScience), and in that position he was responsible for all biotechnology-related technology acquisitions. He joined CropDesign in 1999 as Vice President Business Development and was appointed CEO in December 2004.
Floris Vansina
Non-executive Director
Floris Vansina is the Managing Director of KBC Private Equity NV, the private equity division of KBC Group. Previously he worked in KBC’s investment banking division as an advisor on mergers and acquisitions and capital market transactions. He started his career as an auditor with Peat Marwick in Brussels. He is a graduate in applied economic sciences (UFSIA, Belgium) and has a MBA in finance and international business from University of Wisconsin, Madison.
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