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RUNCORN, England, February 11, 2025--(BUSINESS WIRE)--Nanoco Group PLC (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other advanced nanomaterials, has completed several organisational changes designed to accelerate its commercial development.
In October 2024, Dmitry Shashkov joined as Chief Executive Officer. He has a proven 20 year plus track record in leading materials science-based businesses, driving shareholder value through transformational business development.
Dmitry was CEO of the CPS Group of companies (later part of Exyte), which focused on high-tech equipment for semiconductors and life science industries. Under his leadership, CPS revenues tripled, and profitability increased fourfold before its sale to a strategic investor. Prior to CPS, Dmitry was President and CEO of H.C. Starck Inc. (a world-leading supplier of refractory metals) and Business Director at Honeywell (a leading supplier of electronic materials). He began his career with McKinsey & Company, advising clients in the pharmaceutical, chemical, and telecommunications industries.
In December 2024, Jai Subramanian joined Nanoco as Global Business Director. With over 20 years of experience in semiconductors, specialty materials, and advanced coatings, Jai has a strong track record in global business transformation and growth, P&L management, and strategic market expansion across the USA, Europe, and Asia.
Jai joined Nanoco from Soleras Advanced Coatings, where he was General Manager for the USA and Global Business Director. Previously, he held leadership roles at H.C. Starck, Honeywell, and Ferro Corporation. With Jai’s appointment, Nanoco now has a global commercial team with a presence in East Asia, Europe, and the US. The team will be instrumental in managing customer relationships, driving partnerships, and communicating Nanoco’s value proposition to prospective customers.
Most recently, Jalal Bagherli, CBE, was appointed Chairman of the Board in January. A highly respected figure in the semiconductor industry, Jalal has worked with some of the world’s largest brands in the electronics sector. As CEO of Dialog Semiconductor, he transformed the company into a high-growth, high-value business. His contributions to the industry have been recognised with a CBE for services to technology, and he currently serves as Co-Chair of the UK Semiconductor Policy Advisory Panel.
The appointments of Dmitry Shashkov as CEO, Jai Subramanian as Global Business Director, and Jalal Bagherli, CBE, as Chairman of the Board, reinforce Nanoco’s focus on executing its commercialisation strategy. The roadmap outlined in mid-2024 positions Nanoco for growth in high-value markets, and over the past year, the company has strengthened its leadership team to drive the next phase of expansion.