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Wednesday 5th March 2008

CryptoLogic Appoint New CEO as Aziz Retires

The Chief Executive Officer for Dublin-based online casino software developer CryptoLogic, Javaid Aziz, has announced his retirement ‘to spend more time with his family’. Crypotlogic have found their new CEO already though, with Brian Hadfield being appointed.

Aziz led the company for just over one year, focusing on renewed profitability in Europe and spearheading the firm’s entry into the Asian market. He achieved four consecutive quarters of sequential growth and made strategic investments and acquisitions in Europe and Asia.

He is succeeded by senior technology executive Brian Hadfield, who joined the company as a director last year after managing major international businesses including operations for Unisys in the UK, Middle East, Africa and India.

'In a dynamic business, it's never an easy time to make a personal decision but I do so with great satisfaction about CryptoLogic's accomplishments and great confidence in its future,' said Aziz.

'CryptoLogic has achieved renewed stability and profitability in the past year and the company is set for continued global growth in the years to come.'

'Brian Hadfield brings CryptoLogic important skills at an exciting time in our growth and he is perfectly suited to build on the strategy set by Javaid Aziz,' said Bob Stikeman, Chairman for CryptoLogic.

'Brian knows CryptoLogic, he knows how to grow a global business and he knows how to motivate and lead a team. His experience will ensure we continue to develop innovative new software and commercial alliances around the world.'

Hadfield has also served as Vice-President of Operations for the Bank of Boston and holds non-executive directorships at various well-known organisations and said he would now relocate to Ireland.

'CryptoLogic has the right people, products and partnerships,” said Hadfield.

“And with a foundation of financial strength, CryptoLogic also has the right strategy for global growth. Together, we can take this thriving business to a new level of success.'

 


Source:OnlineCasinoNews



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