Andy McCue, COO of Paddy Power Betfair, is to leave his position with the newly merged company at the end of April.

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McCue took on the role of chief operations officer in 2015 when Paddy Power and Betfair agreed a merger. Prior to the deal, he was chief executive of Paddy Power.

McCue said: “I have thoroughly enjoyed leading and working closely with a great team of people who have created a dynamic and successful business.

“I feel now is the right time to pursue new opportunities and, in doing so, wish everyone in Paddy Power Betfair the very best for the future.”

Paddy Power Betfair chief executive Breon Corcoran said: "Andy played a pivotal and hugely constructive role in the successful merger, for which I am very grateful. His contribution to Paddy Power in a variety of roles, but particularly as CEO, was immense. I wish him every success in his future career."