Subsidiary appoints Jerry A. Agnes as CEO to lead greenfield OSAT facility at Bhubaneswar
Sancode Semi Private Limited, subsidiary of Sancode Technologies, has appointed Mr. Jerry A. Agnes as Chief Executive Officer with effect from 15th October, 2026.
- Appointment Effective Date
- Mr. Jerry A. Agnes as Chief Executive Officer with effect from 15th October, 2026
- Facility Site and Land
- greenfield OSAT facility at Info Valley – II, Bhubaneswar, Odisha, on the 20 acres allotted by IDCO
- Executive Experience
- Over 35 years in semiconductors; founding CEO of CG Semi; earlier Country Manager & President, Amkor Technology Philippines
The headline: a dedicated operating head for the subsidiary's semiconductor project
Sancode Semi Private Limited, a subsidiary of Sancode Technologies Ltd, has appointed Mr. Jerry A. Agnes as its Chief Executive Officer with effect from October 15, 2026. The appointment is at the subsidiary level; it is a full-time employment role on the terms of an employment / appointment agreement with Sancode Semi, and he will report to the Board of Directors of Sancode Semi.
What he has been appointed to do
- Lead the setting up and operationalisation of Sancode Semi's greenfield Outsourced Semiconductor Assembly and Test (OSAT) facility at Info Valley – II, Bhubaneswar, Odisha, on the 20 acres allotted by IDCO.
- This includes facility design, equipment selection and installation, process and customer qualification, and ramp-up to commercial production.
Who he is
- A semiconductor industry executive with more than 35 years of global leadership experience in building and scaling semiconductor assembly and test manufacturing operations.
- CG Semi Private Limited (2024 – 2026), Chief Executive Officer and Director: joined at inception to set up one of India's first OSAT facilities under the India Semiconductor Mission; grew the organisation from a five-member founding team to over 300 employees; led the project from concept through factory construction, customer qualification and commercial production, with the first manufacturing facility completed within eight months of groundbreaking.
- Amkor Technology Philippines Inc. (1989 – 2014), Country Manager & President: led one of Amkor's largest global manufacturing operations, with P&L responsibility for operations of over USD 700 million in annual revenue, serving 75 customers with a workforce of more than 10,000 employees.
- Earlier roles include Senior Semiconductor Consultant at KKM Works (2016 – 2024), President of Airfreight 2100 (2014 – 2016), and process engineering leadership positions at Advanced Micro Devices, Analog Devices Inc. and Dynetics Inc. He holds a Bachelor of Science in Radio & Electronics Engineering from FEATI University, Manila, Philippines.
- The update states that Mr. Agnes is not related to any Director or Key Managerial Personnel of the Company or of the Subsidiary Company.
How this can be read
- The disclosure is an appointment of a senior operating executive for a project the update describes as greenfield and still to be set up, designed, equipped, qualified and ramped up to commercial production.
- The profile highlights prior experience of taking an OSAT facility from concept to commercial production, which is the same sequence of tasks listed for the Bhubaneswar facility.
- The appointment sits in the subsidiary. The disclosure does not change the Company's own board or key managerial personnel.
- Points a reader may want to track over time: progress on the facility build-out, qualification and commercial production mentioned as the CEO's mandate.
More numbers
- Global semiconductor experience of the appointed CEO35 years
- Annual revenue of business earlier overseen by the CEOUSD 700 million
- Workforce of that earlier business10,000 employees
- Land allotted by IDCO for the greenfield OSAT facility20 acres
- Employees at CG Semi, grown from founding team300 employees
- Founding team size at CG Semifive-member founding team
- Time to complete first manufacturing facility at CG Semieight months
- Customers served at Amkor Technology Philippines75 customers
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