Isabelle Vleurinck (1965) - Independent Director

Isabelle Vleurinck holds a Master degree in Applied Economic Sciences from the KU-Leuven and a diploma of Financial Analyst of the Belgian Association of Financial Analysts.

She started her career in the Corporate Finance department with Bank Degroof. In 1992 she joined Almabo/CMB group where she was project coordinator within the finance department until 2004.
She is now member of the board of Axis Group and is a volunteer counselor to the Aid to Victims team for East-Flanders.

Michel Delbaere (1953) -  Chairman - Independent Director

Michel Delbaere holds a master degree in law (Catholic University of Leuven – 1975) and a master degree in economic sciences (Catholic University of Louvain – 1975).

He started his career as management trainee and account manager at the Morgan Guaranty Trust Company of New York.

He’s the founder and managing director / director of: Crop’s N.V. (Belgium), Hesbayefrost S.A. (Belgium), Monliz S.A (Portugal and Spain), MDC Foods Ltd (UK), Crop’s & Partners (Serbia), Messem (the Netherlands and Morocco), Agram (Poland), TriNature (France), Tropifrost (Costa Rica) and Onefrozen (USA).

He is chairman of the board of Directors of Sioen Industries and the Queen Elisabeth Music Chapel. He is a member of the Board of Directors and honorary chairman of Voka (Flemish network of companies). He’s also a member of the Board of Directors of SD Worx, Bank Delen, Smile Invest and VPK Packaging Group. 

ACACIA I represented by Els Verbraecken - Independent Director

Els Verbraecken graduated in 1993 as a commercial engineer from the University of Leuven.

She started her career in export credit insurance at Credendo, the Belgian Export Credit Agency.

As from 2002 she started working for DEME. For several years she engaged in setting up export and project finance structures all over the world. In April 2013 she took the position of CFO of the DEME Group. She is also a member of the DEME Executive Committee.