LeoVegas adds the role Chief Compliance & Legal Officer to Group Management

LeoVegas adds the role Chief Compliance & Legal Officer to Group ManagementReading Time: 1 minute

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.

Source: European Gaming Industry News

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.