CAMBRIDGE, Mass. — On June 2, Noubar Afeyan was elected to the Board of Trustees of the Massachusetts Institute of Technology (MIT). Afeyan, along with the nine other term members elected this year, will serve for five years, effective July 1. He will add his expertise to the 76 distinguished leaders in education, science, engineering and industry already serving the MIT Board of Trustees.
Afeyan earned his PhD in biochemical engineering from MIT, and has authored numerous scientific publications and patents. He is the founder and CEO of Flagship Ventures, a leading early-stage, life-science venture firm managing funds exceeding $1.4 billion. In his 30-year career, Afeyan has co-founded more than 38 life science and technology startups, and is currently director or chair of several private and public company boards. Additionally, he co-founded the National Competitiveness Foundation of Armenia, the UWC Dilijan International School, the Noubar and Anna Afeyan Foundation, and the Aurora Prize for Awakening Humanity. He also served as chair of the World Economic Forum’s Global Agenda Council on Chemicals and Biotechnology and its Emerging Technologies Council. Since 2000, Afeyan has been a senior lecturer at the MIT Sloan School of Management.
He has been a member of the Armenian General Benevolent Union (AGBU) Central Board Member since 2012.
Afeyan is founder, senior managing partner and CEO of Flagship Ventures, a leading early stage venture capital firm. He also leads the firm’s VentureLabs unit that invents and launches transformative startups.
He is a senior lecturer at MIT’s Sloan School of Management where he has taught courses on technology-entrepreneurship, innovation, and leadership since 2000.