CIS betting group Parimatch Tech has announced a series of ‘structural changes’ to its executive leadership team that will impact the day-to-day management of its flagship Parimatch subsidiary.

Following a strategic review, Parimatch Tech will no longer employ the joint-CEO leadership structure that has overseen its business for the past two years.

The decision will see Maksym Liashko, who formerly served as Co-CEO overseeing senior management and compliance duties, become Parimatch Tech’s new CEO.

Liashko will be supported by the new Deputy appointments of Anna Motruk and Evgen Belousov, who have been promoted from their respective roles serving as Chief Financial Officer (CFO) and Chief Revenue Officer (CRO).

Roman Syrotian, who had formally led Parimatch Tech with Liashko, has decided to take on a Supervisory Board role focusing on the strategic direction of the company including its future options, shareholder relations and allocation of current and future resources. 

Syrotian commented on developments: “The changes in the top management structure and move to the single CEO model will allow us to become even more flexible, speed up the operational and decision-making processes.

 “I’m confident that Maksym and the team are ready to lead Parimatch Tech during these tough times. I will continue my work in the company in a non-operational role as a member of the Supervisory Board.”

The board of Parimatch Tech outlined that its leadership realignment was undertaken in light of disruptive circumstances following Russia’s invasion of Ukraine.

“In times of war, the structure and development procedures within the company had to be reviewed and adapted to the new reality,” explained  Maksym Liashko, on his Chief Executive appointment. 

“With Roman refocusing all his attention and skills toward the Supervisory Board activities, I am certain that Parimatch Tech will withstand these difficult times and continue to be a successful global business.

“I would also like to congratulate Anna Motruk and Evgen Belousov with their appointments as Deputy CEOs. Their skills and knowledge shaped Parimatch Tech into what it is today – a successful international business.”