Bragg Gaming Group has today announced that it will undergo a major restructure of its Board of Directors after appointing Akshay Kumar, Jim Ryan and Paul Pathak to its executive team.
Akshay Kumar was appointed as the Chief Financial Officer for Bragg Gaming, after holding positons at NetPlay TV PLC, and sports spread betting specialist Sporting Index. Throughout his career, Kumar has driven corporate acquisitions and operational restructuring, as well as a number of financial leadership roles.
Dominic Mansour, CEO at Bragg, commented on the new appointments: “We’re happy that Jim, Paul and Akshay have agreed to join the board.
“We’re very focused on our objective of developing into a global gaming force, and we need a board with the skills to support that growth. Jim and Akshay both bring extensive gaming industry experience to the team, and Paul’s expertise in M&A will be instrumental to our growth plan.”
Meanwhile Jim Ryan joins Bragg as an experienced online gaming executive, and the CEO of Pala Interactive LLC. Ryan has held leadership roles at online gaming companies such as bwin.party digital entertainment as the group’s co-CEO, in addition to PartyGaming, St. Minver and Excapsa Software (CEO), and Cryptologic Software (CFO)
“I’m pleased to join Bragg in this exciting growth phase,” said Mr. Ryan. “With an experienced gaming industry leader like Dominic at the helm of a new management team, and the unlimited potential of their three main properties; Oryx Gaming, GiveMeSport and GiveMeBet, I’m confident that Bragg will continue its upward trajectory.”
The new appointments follow the resignation of board members Marvin Igelman and Mike Galloro and the previously announced departures of Nick Thain and Jae Chalfin.
Investment industry and securities lawyer Paul Pathak has been appointed to the board of directors, while currently serving as a director of JPJ Group PLC (LSE), the Intertain Group Limited (TSX) and Wayland Group Corp. (CSE). He gained his experience as a lawyer through focusing his legal practice in the areas of corporate, securities, mergers, acquisitions and commercial law.
Pathak will act for issuers in a broad range of securities transactions, including Initial Public Offerings (IPOs), reverse takeovers (RTOs), establishment of capital pool companies, going-private transactions and other financing structures.
He stated: “Bragg’s current momentum is particularly exciting.
“They’ve implemented a major shift in strategic direction over the past months and are already seeing positive year-over-year growth on a number of key measures, including yield, global organic traffic and paid traffic. The Oryx acquisition has been very successful, with multiple new clients signing and going live since the announcement.”