News: Metalysis appoint new CFO

Metalysis, the Rotherham-based technology innovator for the speciality metals industry, has appointed Guppy Dhariwal as chief financial officer.

India-born Guppy is a former finance director for Lord Sugar and the late Lord Weinstock, and until recently was director of finance and business services at Aston University.

Guppy has operated at financial and managing director level and has specialised in turnaround / profit improvement in a variety of blue chip companies. These have included GEC, STC, Thorn EMI and Amstrad, with products ranging from consumer durables, heavy engineering, telecommunications and electronics, with sales ranging between £20m and £200m per annum.

Between 1998-2009, he contributed substantially to Aston University's growth from a £38m enterprise to £100m high-performing university.

Metalysis holds the worldwide exploitation rights to the FCC Cambridge process which sees specialist powder metals created in a simple, cost effective process with significant environmental benefits.

The Manvers company is in the process of commercialising the technology to produce titanium, tantalum, and related high value alloys. These are used increasingly by major worldwide industries such as aerospace, marine, medical, chemical, automotive and electronics industries.

The business is already supplying low volumes of metallurgical grade powders to suppliers and expects to commission its semi-continuous pilot plant later this year.

Mark Bertolini, chief executive of Metalysis said: "Guppy is a very experienced finance director, whose background in handling complex project funding, will be invaluable to Metalysis as we continue to scale-up our technology.

"As well as being naturally commercial and experienced in diverse private and public sector companies and markets, as a trained engineer he has an implicit understanding of the products and processes. His appointment further strengthens Metalysis and I am delighted to welcome him to the Board."

Metalysis website

Images: Metalysis