Representatives of Yggdrasil Gaming, the prominent Cherry AB subsidiary, announced earlier today that the company has a new Chief Financial Officer. The new role is assigned to Frida Gustafsson. Her appointment is a result of the rapid expansion Yggdrasil has been going through over the last couple of months.
Gustafsson is no stranger to the gaming business. Before joining Yggdrasil, she used to work for NetEnt. Her most recent position within the company was a Finance manager for tax and new markets.
Gustafsson will be based in Yggdrasil’s Maltese office. She takes over the post at an important for the further development of the company moment. Yggdrasil has greatly expanded and the ongoing recruitment process is aimed at finding the best assets in the online gambling industry.
Yggdrasil’s CEO, Fredrik Elmqvist, commented on the new CFO appointment and said he wanted to extend his warmest welcome to Ms. Gustafsson on behalf of the entire team. He was quoted as saying that the expansion of the company required the best executives and in this aspect, Frida Gustafsson was said to be a great asset for Yggdrasil because of her previous experience and vast knowledge in financial matters.
Ms. Gustafsson herself also commented on her appointment and said she was delighted to join the company at such an important stage of its development. She added that Yggdrasil was already a household name in the gambling industry and she sees plenty of opportunities for intense growth in the next few years. In conclusion, she said she was impatient to start performing her duties and become a part of Yggdrasil’s ongoing success.
As for the latest accomplishments of the company, Yggdrasil inked a deal with bwin.party. According to the agreement, the whole suite of slots, including the latest releases, developed by Yggdrasil, are to be integrated on the bwin.party platform.
The other major deal was the one with Interwetten. The deal allows Yggdrasil’s video slots to be integrated into platforms, available on key European markets.
The acquisition of a Gibraltar B2B remote gambling licence at the beginning of June is yet another major accomplishment as of late.
The post of a Chief Financial Officer has been recently opened as a part of the ongoing recruitment program of Yggdrasil. During the previous year, more than 40 people started working at company’s offices in Malta and Poland. The new commercial operation out of Gibraltar is also developing at a fast pace.
- Author
Olivia Cole
