John Kelly has been appointed as chairman of the board at Ladbrokes with immediate effect, replacing Peter Erskine who stepped down on December 3, having announced his departure in May.

John Kelly

The bookmaker has also appointed Mark Pain as a non-executive director and chairman of the audit committee with immediate effect.

Kelly said: "It is a great honour to take on the role of chairman of Ladbrokes at such an exciting time in the company's history.

“We have an aggressive organic plan for growth under our new chief executive, Jim Mullen, and are working hard towards the proposed merger with Coral Group.

“While there has been much to do, the board and the executive team are focused on delivering for shareholders, and I remain confident in the direction and momentum in the business,” he said.