Kaplan has been CFO at Evolution since joining the group in 2016, holding the role for more than nine years. He previously worked in the same position for Nordnet Bank.
Andersson will become CFO with effect from 18 February while Kaplan will remain in an advisory position to the business for a short period.
A newcomer to the industry, Andersson has worked in senior roles across a several financial entities. He has most recently worked as CFO at Nordics-focused real estate private equity firm Slättö.
Prior to this, Andersson was CFO at Cint Group, a Swedish software development company. He also held several senior roles with listed Swedish investment business Kinnevik and worked for Banque Invik Luxembourg Filial.
“I’m looking forward to collaborating with the talented team at Evolution to further strengthen the company’s financial position and continue delivering value to its stakeholders,” Andersson said on LinkedIn.
Carlesund backs Andersson to strengthen Evolution
Evolution CEO Martin Carlesund also commented on the senior management change. He paid tribute to the outgoing Kaplan and backed Andersson to pick up where he left off.
“I want to thank Jacob for his work and contribution to the development of Evolution into the group we are today,” Carlesund said. “He has been an integral part of our management team and played a key role in our expansion and mission to improve the company each day.
“At the same time, I am very much looking forward to working with Joakim. He has a strong background as an accomplished CFO. He will strengthen our team and help the company take the next steps in its development.”
Evolution faces UK licence review
The appointment follows the news that the UK Gambling Commission has launched a review of Evolution’s operating licence.
Last month, the Commission said it found Evolution games were being provided to unlicensed operators in the UK. Evolution vowed to cooperate fully with the investigation.
The group has already “taken requested immediate action to remedy the situation”. Content has been taken down from an illegal website while Evolution said it will actively work with the Commission to resolve the issue.
The UK accounts for roughly 3% of Evolution’s reported revenue.
Original article: https://igamingbusiness.com/people/people-moves/evolution-andersson-cfo-kaplan-steps-down/
