Greek gaming and lottery supplier INTRALOT has appointed George Koliastasis as its new group chief financial officer.

Koliastasis assumes the new role on March 1st, replacing incumbent Diomedes Vassiliou who stands on February 29th to pursue other commercial interests.

Koliastasis previously served as group CFO of Greek IT solutions provider INTRACOM Holdings, and has also served as CFO of Vodafone Greece.

Antonios Kerastaris, Intralot group chief executive, commented: "I would like to thank Diomedes Vassiliou for his cooperation and valuable contribution while holding this key position in our company and wish him every success in his future endeavours. I am happy to welcome George Koliastasis in our team and look forward to working with him in pursuing INTRALOT’s strategic plans as a business leader around the globe.

Shares in INTRALOT SA (Co. Data) (ASE:INLOT) closed in Athens Thursday up 2.65 per cent at €1.16 per share following the announcement.