Lottomatica Group has named Alberto Fornaro as its new chief financial officer, reporting directly to CEO Marco Sala.

In his new role, Fornaro will be responsible for managing the financial strategy for Lottomatica and its operating business.

"Alberto’s business development acumen and extensive financial and operational management experience make him an outstanding choice for our management team as we balance the execution of new growth opportunities with appropriate financial discipline and compliance," said Sala. "His career is broad based with significant international exposure and he has provided leadership across all areas of strategic planning, operations, finance, accounting and administration. His high standard of operational excellence aligns well with Lottomatica Group’s strategic plans and initiatives."

Fornaro has more than 20 years of financial experience and most recently served as group CFO and president of EMEA at construction equipment business DICE in the US.