Gaming software giant NetEnt has appointed Lars Johansson as its chief financial officer, making permanent the role he has held on a interim basis.

Johansson had held the position of interim CFO since September 3, 2018, and now takes the reins permanently after what NetEnt said had been a “thorough search”.

The new CFO has more than 30 years of experience from a range of management positions in various sectors, in both public and private companies. Most recently he was senior investment director at Swedish private equity company Ratos, where he had also held the position of acting CEO.

Therese Hillman, NetEnt group CEO, said in a statement: “I am very pleased to appoint Lars Johansson as chief financial officer.

“He brings significant experience to the role and has already played an important part in the ongoing change process of NetEnt.”

The news comes after NetEnt announced it is making cuts at its head office in Stockholm, with 55 employees set to lose their positions as the company shelves a VR project and continues its programme of reorganisation and restructuring.