LONDON, UK: The Board of nanosynth Group announced the appointment of Mr. Mark Duffin as Chief Executive Officer of nanosynth, effective immediately.

Mr. Duffin is a qualified engineer with a multi-disciplinary background established over 20 years, including as CEO and board member of various companies in the technology, business services, industrial, manufacturing and consultancy sectors. His experience includes start-up companies, mergers and acquisitions and turnaround propositions.

Mr. Duffin is currently CEO and founder of Angel Share Capital Ltd and prior to that, was CEO of ServicePower Technologies plc (previously AIM listed) where he was responsible for executing a turnaround strategy for the company, resulting in a profit for the first time in fourteen years. Mr. Duffin holds an MBA and a BEng Hons.

With this appointment, and as previously envisaged, Antony Legge will revert to his previous role of non-executive Chairman of the Company. Dr Cave’s move from a non-executive director to an executive director, taking the role of the Group’s Chief Scientific Officer, remains subject to contract and a further announcement will be made once finalised.

Antony Legge, Chairman of nanosynth, said: “I am delighted that a CEO of Mark’s calibre has agreed to join the Company. His track record in creating shareholder value brings confidence that, together, we can continue to build nanosynth into a major player in the nanotech space.”

Mark Duffin, Chief Executive, said: “I am excited to be joining the Board as CEO of nanosynth and am looking forward to working with Antony and the wider team as we work towards growing the Company for the benefit of our stakeholders.”

Nanosynth Group PLC share price

1.08 GBX−0.18 (14.27%)today

1 Sep, 9:05 am GMT+1 ·Disclaimer