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Imperial Innovations: Professor David Begg Joins as Non-executive Director


3/21/2012 9:02:53 AM

21 March 2012 -- Imperial Innovations (AIM: IVO, "Imperial Innovations"), a leading technology commercialisation and investment company, announces that Professor David Begg has joined the Board as a non-executive director with immediate effect.

David joins the Group from Imperial College where he was Professor of Economics and Principal of its Business School from 2003 until his retirement from that position in February 2012. During his career, he has held a number of distinguished advisory and academic appointments. He was Professor of Economics at Birkbeck College, University of London, for 16 years and amongst other prestigious appointments served as a Visiting Fellow at the Reserve Bank of Australia and was a Visiting Professor at MIT. David has also acted for many years as an Economic Policy Adviser to the Bank of England.

Dr Martin Knight, Chairman of Imperial Innovations, said:

"David will be a great asset to the Board bringing with him his wealth of knowledge of the academic community and his long experience as a leading economist and senior advisor to the government."

Information regarding the appointment of Professor Begg as non-executive director:

Full name: David Knox Houston BEGG

Age: 61

Current Directorships and previous Directorships within the last five years

Current:

I C Consultants Ltd (private, UK)

Previous:

Trace Group Ltd (private, UK) (formerly Trace Group plc)

Imperial Activities Ltd (private, UK)

Imperial College (S) PTE Ltd (private, Singapore)

Professor Begg has no interest in ordinary shares or options in Imperial Innovations.

Professor Begg has been appointed by the College in accordance with the Relationship Agreement.

There are no further details to be disclosed under Rule 17 Schedule 2 paragraph (g) (i) to (viii) of the AIM Rules.

Enquiries:

Imperial Innovations 020 7594 6589

Dr. Martin Knight, Chairman

Susan Searle, Chief Executive Officer

Diana Crisp, PR Manager

College Hill

020 7457 2020

Adrian Duffield/Rozi Morris/Tim Watson

J.P. Morgan Cazenove

020 7588 2828

Michael Wentworth-Stanley/Paul Park


Read at BioSpace.com

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