Following a three month interim period, Adam Smith will take on the position of Chief Executive Officer at FSB full-time.
Smith initially stepped up to the CEO role back in December 2022, taking over from David McDowell, who has since joined the firm’s Board.
In this time, the B2B sports betting and igaming supplier has taken its first major steps into its fourth continent – with strategy focused largely on core markets such as Africa, Canada, Europe and UK&I.
Smith remarked: “Taking full-time charge of FSB is a great thrill for me. What became clear during my three month period as Interim CEO was the opportunity that lies ahead for our organisation.
“The combination of our dynamic proprietary platform technology alongside our driven, determined people and Tier 1 partnership portfolio gives us every reason to look forward with confidence.
“Having taken our first assured steps in North America last month we are now well positioned to move forward boldly in 2023 with our core markets and products strategy.
“Working closely with our committed private equity partners, Clairvest, I’m hugely energised to accelerate the growth of our award winning company.”
Prior to joining FSB, Smith held a number of senior leadership positions at “large scale, complex, multi-jurisdictional regulated market delivery programmes”.
He also served as the UK MD and Group Board member at a Northern European technology and consultancy business focused on digital transformation and big data.
Mohit Kansal, Managing Director at Clairvest, said: “We are delighted that Adam has agreed to come onboard as full-time CEO effective immediately.
“Adam’s commitment and impact at FSB in a short few months with the support of the senior management team has been exemplary. We look forward to working closely with him and FSB towards a bright future.”