Stockholm listed betting operator Betsson AB has confirmed the promotion of Ulrik Bengtsson as new Group CEO & President.
The appointment of Bengtsson as Group CEO, ends Betsson AB governances search for its replacement of former leader Magnus Silfverberg.
Bengtsson will take over corporate leadership from interim CEO Pontus Lindwall, who is set to return to his previous role of Chairman of the Board.
A digital services veteran Bengtsson, had previously advised Betsson AB strategy having worked as CEO of the betting firm’s operational division BML Group Malta. Taking full leadership of Betsson AB, Bengtsson will merge responsibilities of BML Group and Betsson operations.
Pontus Lindwall, current CEO and President of Betsson AB commented on the appointment of Bengtsson
“It will be great to have Ulrik as CEO of the parent company as well as he knows the entire operations of the Betsson group. Ulrik has played an important role in the development and the execution of the strategies which have resulted in significant value growth for the group,”
Ulrik Bengtsson commented on taking the leadership Betsson AB group
“I have been a part of an incredible journey over the past four years with Betsson but I think that we are still only at the start of a structural transformation of the entire industry, which is enabled by a continued transfer of the activity towards online. In my role as CEO and President of Betsson, I will continue to ensure that in the first instance the group focuses on customers, and that innovation takes place where it is important for them. In this way Betsson will continue to gain market shares. Our strategy to grow both organically and through acquisitions remains”.