Nanosynth names Mark Duffin as CEO

Surveying services company Nanosynth has tapped Mark Duffin to take over as chief executive officer.

Nanosynth said on Wednesday that Duffin, a qualified engineer, will join the firm from Angel Share Capital, a company he founded, with immediate effect.

As a result of the appointment, chairman Antony Legge will revert to his previous role of non-executive chairman.

Legge 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."

Nanosynth added that Dr Cave's move from a non-executive director to chief scientific officer remained subject to contract.

As of 0955 BST, Nanosynth shares were down 10.32% at 1.12p.