Audit Committee
The audit committee, established by the Board of Directors of the Statutory Manager, monitors the integrity of the financial information publicly provided by Qrf. The Audit Committee also examines the internal control and risk management systems set up by the executive management. It ensures the effectiveness of the internal audit and acts as the main contact point for the internal and external auditors.
Kara De Smet
Chairman of the Audit Committee
Kara De Smet (1976) obtained a Master’s degree in Applied Economics from the Catholic University of Leuven (KUL) in 1999.
She started her career in 1999 at Deloitte, where she worked as an audit manager until 2006.
Since 2006, Kara De Smet has been CFO of Retail Estates, where she has been an executive director since January 2016.
Since 2015, she has also been teaching at the Postgraduate Center of the Catholic University of Leuven (KUL), within the Real Estate program.
Pieter Bogaert
Member of the Audit Committee
Pieter Bogaert (1976) graduated from the University of Leuven in 2008.
He started his career in 2002 as a notarial lawyer at Berquin Notarissen. From 2013 to 2019, he worked as a Counsel lawyer Real Estate & Construction at Stibbe.
He has been working at Xior Student Housing since 2019. He subsequently held the positions of Director of Real Estate, Director of Real Estate and Development, and since 2024 he has been working as Compliance Officer, Head of Compliance.
Francis Vanderhoydonck
Member of the Audit Committee
Francis Vanderhoydonck (1958) earned an LLM degree from the Dutch-speaking Free University of Brussels, and enhanced this training with a programme in Common Law at Cambridge University. He then attended the programme for the Master’s Degree in Applied Economics at the Dutch-speaking Free University of Brussels, and a programme in Tax Law at the Brussels Tax College. He then earned an MBA in Finance from New York University.
He embarked on his career in 1986 at De Generale Bank, where he worked until 1998 as Global Head of Investment Banking. He then worked as Managing Partner at the private equity fund Buy Out Fund CVA and at Maple Finance Group (corporate finance advisory) in 2015 and 2017 respectively.
Since 1999, he has also been a director for several listed and private Belgian and Dutch companies.
