Independent DirectorMr. Jacques de Smet was Independent Director of Elia System Operator S.A. since 2005. He is Chairman of the Audit Committee and Member of the Remuneration Committee at the Company. He has an economics degree from the University of Brussels. He started his career as an auditor with Peat Marwick Mitchell Co . He joined the Tractionel group in 1979 initially as assistant to the CEO of the holding company. He was subsequently assigned to the financial department of the company of the Frima Viking SA group later becoming CFO of Chamebel SA. In 1987 he was a member of the Management Committee of the VC investment company Prominvest SA. From 1988 to 2002 he was Chief Financial Officer and a member of the Management Committee of DIeteren SA and the Boards of Directors of all subsidiaries of the group including Avis Europe PLC and Belron. Between 2002 and 2005 he was Chief Financial Officer of the Ziegler group. In 2009 he was appointed as a member of the Board of Directors of Sabca SA. He has also been a member of the Boards of Directors of UCO S.A. La Lieve S.A. LysLieve S.A. BelgoKatanga S.A. Ibel S.A. and President of the Financial Executives Institute of Belgium . Since 1986 he was Managing Director of Gefor S.A. . He sits on the Boards of Directors of Sabca and Wereldhave Belgium and is Chairman of the Audit Committees of these companies.
Director Since 2005