Adam Smith was confirmed as the Chief Executive Officer of FSB after a three-month interim period that was hailed as a “successful”.
Smith took over interim control of the igaming supplier and sports betting provider in December 2022. He has now led the group’s entry to a fourth continent, after the group went live in Ontario.
This was after December’s announcement by FSB that it would no longer prioritize US operations and instead focus on Europe, Africa and the UK as its “bedrock”.
Mohit Kansal is Clairvest’s Managing Director. He said, “We are thrilled that Adam has accepted to become our full-time CEO immediately.”
“Adam’s dedication and impact on FSB within a few months, with the support from the senior management team, has been exemplary. We look forward working closely with him to help FSB achieve a bright future.
FSB stated that Smith has a “diverse history” and includes leading large-scale, complex, multijurisdictional regulated markets delivery programmes. He also leads business scaling initiatives and transformations in telcom and travel, market data manufacturing, and IT.
“Taking full-time responsibility for FSB is a thrill for me. Smith stated that it was clear to him during his three-month stint as interim CEO, the opportunities ahead for our organization.
“Our combination of our innovative platform technology and our determined, driven people gives us every reason for optimism.”
“Having made our first steps in North America last month, we are now in a strong position to take bold action in 2023 with the core markets and products strategy.
“Working closely alongside our dedicated private equity partners, Clairvest has given me immense energy to accelerate the growth and success of our award-winning company.”
