IVI announces the resignation of Dr. Christian Loucq as IVI Director General

IVI announced the resignation of Dr. Christian Loucq as IVI Director General due to personal reasons effective February 28, 2014. The IVI Board of Trustees (BOT) has set up a selection committee that will manage the recruitment process and has also appointed Mr. John Morahan, currently Deputy Director General, Finance & Administration and Chief Financial Officer, to serve as Acting Director General during the transition period until the new Director General is in place. The announcement noted that under Dr. Loucq’s leadership, IVI’s “governance, systems and internal control, and management were strengthened.  As a result, organizational transparency to our major donors and stakeholders increased, and IVI’s financial situation and outlook improved significantly. Despite the challenges that occurred during his tenure, research programs continued and he brought to the forefront industrial partners from South Korea that promise to be important players for product development partnerships.  Due to Dr. Loucq’s strong leadership during a critical period of the organization, IVI is more stable and secure, and is well-positioned to embark on the next phase of its growth and evolution. The priorities of the new Director General will include scientific strategy and funding diversification.”