Syngenta Ventures, the corporate venturing arm of Switzerland-based crop and seed technology provider Syngenta, has promoted investment manager Shubhang Shankar to managing director (MD).
Shankar had spent three years as an investment manager at Syngenta Ventures, having joined the company after being a project leader at consulting firm Boston Consulting Group in India.
The move comes after the departure of colleagues Katrin Burt and Derek Norman to other agriculture-focused investment vehicles, and Shankar has taken on board observer positions at portfolio companies including Precision Hawk and Planet following Burt’s June departure.
Burt was made an MD at Wheatsheaf Group, the family office for the Grosvenor family in the UK, after almost five and a half years in the same role at Syngenta Ventures.
Norman, a former head of Syngenta Ventures, had already joined Germany-based chemical and pharmaceutical producer Bayer as vice-president of investments.
Syngenta Ventures’ other MDs include Michael Lee and David Pierson under Corey Huck, head of biologicals and ventures for Syngenta since January this year.
Photo of Shubhang Shankar courtesy of Syngenta.
