LeoVegas adds the role Chief Compliance & Legal Officer to Group Management
23 Août 2018 - 1:27PM
LeoVegas is further strengthening its organisation
in the area of compliance and legal affairs. In connection with
this, a new role - Chief Compliance & Legal Officer (CCLO) - is
being established in LeoVegas' Group Management.
LeoVegas is focusing heavily on compliance by
providing training throughout the entire organisation and
expanding the teams in these areas. LeoVegas has begun recruitment
for a person to serve in the new CCLO role with seat in Group
Management. The role includes an overall responsibility for the
Group's work in compliance and legal affairs. It includes, all
relationships with authorities and licensors, as well as developing
and managing the daily work within the area of responsibility.
Until the position has been permanently filled,
LeoVegas has arrived at an interim solution for the near term by
appointing attorney Anders Fast through a so-called secondment.
Anders Fast is currently Managing Partner at the law firm Baker
McKenzie's Stockholm office and has a solid background with nearly
20 years of experience in the legal profession, with a wide focus
on various sectors and companies.
"In a phase in which the industry
is maturing and focus on compliance is rising, at the same time
that our regulated revenue is growing sharply, the timing is now
right to put a CCLO role in place. I am very happy that Anders will
take on the CCLO role until we have found the right person long
term. Anders has served as a legal adviser to LeoVegas since the
start and knows the industry inside and out, which gives him a head
start. Our focus on compliance is a prerequisite for us in our work
on reaching our financial targets for 2020 and thereby achieving
sustainable and long-term strong growth," comments Gustaf
Hagman, Group CEO.
For
further information, please contact:
Gustaf Hagman, Group CEO and co-founder: +46-(0)8-410 367 66,
gustaf.hagman@leovegas.com
Philip Doftvik, Head of Investor Relations and Corporate Finance:
+46-(0)73-512 07 20, philip.doftvik@leovegas.com
About the LeoVegas mobile gaming
group
LeoVegas' passion is "Leading the
way into the mobile future". LeoVegas is Sweden's premier
GameTech company and is at the forefront of using state-of-the-art
technology for mobile gaming. In 2017 the company passed the
threshold for being classified as a unicorn, i.e., a start-up
valued at more than USD 1 billion. A large part of this success can
be credited to an extreme product and technology focus coupled with
effective and data-driven marketing. Technology development is
conducted in Sweden, while operations are based in Malta. LeoVegas
offers casino, live casino and sports betting, and operates two
global and scalable brands - LeoVegas and Royal Panda - as well as
a local, multibrand operator collectively referred to as Rocket X.
The company's shares are listed on Nasdaq Stockholm. For more about
LeoVegas, visit www.leovegasgroup.com.
Leo add Chief Compliance &
Legal Officer role to Group Management
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: LeoVegas AB via Globenewswire
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