LeoVegas has recruited Stefan Nelson as its new chief financial officer, with the SEB Corporate Finance director taking up his new role on August 22 when Viktor Fritzén takes up his new role as senior advisor.

LeoVegas

Nelson brings to the role close to 20 years’ experience in finance. As an equity analyst for the gaming sector, he brings a wealth of industry knowledge from understanding the major trends to operational activities and knowledge about the product and has a broad experience in M&A.

"I think it will be incredibly stimulating to start working at LeoVegas, which is one of the fastest growing companies on the Stockholm Stock Exchange,” said Nelson.

“In my role at SEB, I led LeoVegas' IPO in 2016, and have been familiar with the company and management team ever since. LeoVegas has impressively achieved a leading position in a large and fast-moving industry that is still in an early development phase.

“I am deeply impressed by the company's unique corporate culture, which is perhaps the most important explanation for its success. And I look forward to being part of and contributing to the continued growth journey that Gustaf and his team have set out for the future.”

Gustaf Hagman, CEO of LeoVegas Mobile Gaming Group, said: "I am extremely pleased to recruit Stefan Nelson as new CFO to LeoVegas. With his deep expertise in finance and a sense of both the business and the gaming industry, combined with having been Sweden's most renowned gaming analyst, Stefan will be an addition to the management team and my right hand.”