NeoPhotonics Names Dmitry Akhanov to Board of Directors President and CEO of Rusnano USA Joins NeoPhotonics Board
SAN JOSE, Calif.--(BUSINESS WIRE)--Jul. 11, 2013--
NeoPhotonics today announced the appointment of Mr. Dmitry Akhanov to
the company’s Board of Directors.
During his professional career, Mr. Akhanov has had significant
experience in infrastructure utilities, government and in the energy
sector in Russia. Since 2010, Mr. Akhanov has been the President and CEO
of Rusnano USA, Inc. Previously, Mr. Akhanov was the Head of the Russian
Federal Energy Agency, which was responsible for the implementation of
national energy policy and management of state-owned energy assets (oil
& gas, coal and electricity industries). Mr. Akhanov also served asthe
head of the Strategy Department of RAO UES (a state-owned electric power
holding company in Russia), where he was actively involved in developing
and implementing strategy for the restructuring of the electricity
sector of Russia, and forming a new industry structure and electricity
market model. In conjunction with this, Mr. Akhanov also implemented a
number of corporate projects for the separation, merger and acquisition
of major energy companies in Russia. Mr. Akhanov has extensive
experience in strategic planning, corporate finance and investor
“We look forward to the insight and other contributions Dmitry will
provide as the Board guides the company during this period of exciting
opportunity in the optical networking sector, said Tim Jenks, CEO and
Chairman of the Board. “Furthermore, we expect his personal experiences
in the Russia market will bring an important new dimension to the Board,
especially with regards to developing new markets.”
“I am impressed with NeoPhotonics technology and market development to
become one of the leading suppliers of optical components for a variety
of broadband access and high-capacity backbone networks around the
world,” said Mr. Akhanov. “I believe the company has an important market
position by virtue of its advanced PIC technology and commitment to
Mr. Akhanov was appointed as the designated nominee of Open Join Stock
Company “RUSNANO”, who has a contractual right to designate one nominee
to the company’s Board of Directors. Mr. Akhanov replaces the previous
nominee Sergery Polikarpov, who resigned from the Board in connection
with Mr. Akhanov’s appointment. Mr. Akhanov holds a Bachelor's Degree in
economics and law and a Master's Degree in economics from the Peoples'
Friendship University in Russia.
NeoPhotonics is a leading designer and manufacturer of photonic
integrated circuit, or PIC, based optoelectronic modules and subsystems
for bandwidth-intensive, high-speed communications networks. The
company’s products enable cost-effective, high-speed data transmission
and efficient allocation of bandwidth over communications networks.
NeoPhotonics maintains headquarters in San Jose, California and ISO
9001:2000 certified engineering and manufacturing facilities in Silicon
Valley (USA), Japan and China. For additional information, visit www.neophotonics.com.
© 2013 NeoPhotonics Corporation. All rights reserved. NeoPhotonics and
the red dot logo are trademarks of NeoPhotonics Corporation. All other
marks are the property of their respective owners.
Source: NeoPhotonics Corporation
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