SBC News Playtech confirms NED appointment of Samy Reeb

Playtech confirms NED appointment of Samy Reeb

The board of Playtech Plc has confirmed the appointment of Samy Reeb as a new Independent Non-Executive Director of the FTSE250 gambling technology group. 

An expert in tax management and auditing of mass market corporations, Reeb is a former director of EY and Credit Suisse, leading the management of tax affairs for key clients in the US and Asia.

Further executive experience saw Reeb establish the Asian wealth advisory of Julius Baer as Executive Director of the Swiss private banking group (2013-2019).

Based in Hong Kong and Switzerland, since 2019, Reeb has served as Managing Director of private wealth advisory the 1291 Group. 

The appointment will see Reeb serve as Playtech’s fifth Non-Executive Director under the leadership of Chairman Brian Mattingley, who commented: 

“I am delighted to welcome Samy to Playtech. His broad skillset and extensive knowledge of Asia will provide additional depth and experience to the Board. We all look forward to working with him as we continue to execute the Group’s strategy.”

During the close of 2022, Playtech refinanced its business securing new terms on senior secured notes of €530m and access to a revolving credit facility (RCF) valued at €277m.

Playtech governance continues to revise ‘all strategic options’, following the consecutive withdrawal of M&A deals with Aristocrat Leisure and Hong Kong PE fund TTB Partners.

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