Seeking to boost its industry M&A and commercial competencies, Toronto TSX-listed Amaya Inc has hired former William Hill Group Director of Strategy and Corporate Development Robin Chhabra.
As of yet, Chhabra has been given no official executive title, however joining Amaya he will act as corporate M&A lead as the firm’s governance seeks to expand its industry portfolio.
An industry financing expert, Chhabra has acted as William Hill corporate strategy lead since 2010, advising the FTSE-listed bookmaker’s governance on growth strategies, asset valuation and M&A initiatives.
Chhabra joins Amaya, as the firm seeks to aggressively expand and diversify its product portfolio within regulated gambling markets.
Last April, following the presentation of Amaya full-year 2016 results, group CEO, Rafi Ashkenazi detailed to business news sources that his firm had an ‘appetite for risk’ following the settlement of Amaya’s long-term debt and having installed a new executive team.
Reporting to Ashkenazi and the Amaya board, Chhabra will be tasked with assessing potential corporate acquisition targets which will significantly boost and complement the firm’s sports betting and online casino capabilities.