Stockholm-listed gaming operator Kindred Group has begun the search for a new chief financial officer to replace Albin de Beauregard, who has tendered his resignation after four years in the role.

Beauregard will stand down as CFO during the first quarter of 2020, having worked at Kindred Group for eight years, with former Kindred chief financial officer Graham Stretch stepping in to provide support during the transition and recruitment of a new permanent CFO.

“It is with regret that Albin has informed me of his intention to step down from his role as CFO to pursue new challenges outside of the industry,” said Kindred Group chief executive officer Henrik Tjärnström.

“Albin leaves Kindred in a strong position for future growth, and a professional team that provides a solid platform to support the Group’s continued development.”

Shares in Kindred Group plc (STO:KIND-SDB) were trading down 1.38 per cent at SEK63.10 per share in Stockholm Thursday morning.