Unibet Group has appointed its head of internal audit Albin de Beauregard as its new chief financial officer after the incumbent finance chief Graham Stretch decided to step down after five years in the role.

Stretch is to leave the company on March 31st next year, with de Beauregard appointed as his replacement following an extensive search process involving both internal and external candidates.

Previously the operator’s head of accounting and control for three years, Stretch moved to become CFO after his predecessor Henrik Tjärnström was promoted to chief executive in 2010. He will remain with the company until March to ensure a smooth handover to de Beauregard.

“I would like to thank Graham for his contribution to the successful development of the group in the last five years and I am grateful that he will assist a smooth transition for Albin,” Tjärnström commented.

De Beauregard joined Unibet in 2011 when the operator acquired Eurosportbet, where he had served as CFO. Since then he has served as CFO for the company’s French business, strategic financie projects manager before taking on the head of internal audit position.

He has also worked for French conglomerate Bouygues Group, working in investor relations for its TF1 media subsidiary, and in 2007 became investment manager at private equity fund Serendipity Investment, before taking charge of Eurosportbet’s finance department in 2009.

“I am very pleased that Albin will take over as CFO as he has in-depth knowledge of the group and has proven himself and delivered excellent value in the various roles he has had within the group since joining in 2011,” Tjärnström added.

Shares in Unibet Group plc (Co.Data) (OMX:UNIB) are trading up 0.37 per cent at SEK823.00 per share in Stockholm this afternoon.

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