London-listed online gaming operator 888 Holdings has promoted its senior vice president for B2C to the position of chief operating officer.

In his new role Pazner will work alongside chief financial officer Avaid Kobrine, reporting directly to 888 chief executive Itai Frieberger. He will take charge of the company's day-to-day operations, including marketing, product, technology development and human resources.

"I am delighted to announce this appointment to support 888's continued growth and development," 888 CEO Frieberger said. "Itai Pazner is a hugely experienced, talented and valued member of our team who has made a significant contribution to 888's outstanding growth across international regulated markets in recent years.

"Today's appointment is the natural evolution of our organisational structure as we continue to develop 888 across product verticals and global regulated markets. The business has grown significantly in recent years and the online gaming industry is dynamic and changing," he continued. "This new structure will allow me to devote increased focus on driving 888's long-term strategic objectives and overall business development, which I am very excited about."

The operator has been without a COO since March last year when Frieberger, who had served in the role since 2011, was promoted to CEO of the business.

Pazner has worked for 888 since 2001, and has led the B2C division for the past six years. An internal recruitment process to select a successor as SVP of B2C is already underway.

"I am delighted to accept this role," Pazner said. "888 has a fantastic team and special culture across the business spearheaded by our experienced and dynamic team of SVPs. The new organisational structure will help to support and enhance 888's operational excellence, efficiency and creativity as we continue to grow as a global leader in online gaming."

Shares in 888 Holdings plc (Co.Data) (LSE:888) were trading down marginally by 0.25 per cent at 242.40 pence per share in London earlier Tuesday.

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