L’Oréal’s Muriel Atias has been promoted to chief investment officer of its newly created venturing unit, Bold.

Alphabet subsidiary GV has bolstered its biotech focus by bringing in Rosana Kapeller as an entrepreneur-in-residence and David Reshef as venture partner.

Michael Lübbehusen, who co-led Innogy Venture Capital for two years, will depart at the end of this year, with Frank Starrmann taking over sole leadership.

CIB's newly formed CVentures subsidiary has taken on the bank's head of structuring, execution and venture capital, Emad Fouad as managing director.

Merck Ventures director Andreas Jurgeit has departed after two years to become a partner at another corporate investor, Lundbeckfonden Emerge.

Former RTL Ventures managing director Vincent Pieterson has left the unit to set up asset management firm Averest Capital.

Andrew Wilkinson will become CEO of Manchester's tech transfer office in the new year, building on his experience at the university generating 2D material spinouts.

Next47 associate Rachel Zhong has taken a position at CR Capital, which manages a $16bn fund on behalf of conglomerate China Resources Group.

Scott Henderson has become Purdue Research Foundation’s chief entrepreneurial officer to guide through ecosystems at Purdue projects such as the Discovery Park research district.

SoftBank Vision Fund has hired Kirthiga Reddy as a Silicon Valley-based venture partner and Carolina Brochado for its London office.