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Adam Smith has been confirmed as the full-time Chief Executive Officer of FSB following what has been heralded as a “successful” three month interim period.

After taking interim control of the igaming and sports betting supplier in December 2022, Smith has recently led the group’s entry into a fourth continent after going live in Ontario.

This came after December’s announcement that FSB was de-prioritising its operations in the US market to focus on the UK and Ireland, Europe and Africa as the company’s “bedrock”. 

Mohit Kansal, Managing Director at Clairvest, said: “We are delighted that Adam has agreed to come onboard as full-time CEO effective immediately. 

“Adam’s commitment and impact at FSB in a short few months with the support of the senior management team has been exemplary. We look forward to working closely with him and FSB towards a bright future.”

Smith, FSB noted, boasts a “diverse experience” that includes running a number of large scale, complex, multi-jurisdictional regulated market delivery programmes, as well as leading business scaling and transformation initiatives in telcom, travel, market data, manufacturing and IT sectors.

“Taking full-time charge of FSB is a great thrill for me. What became clear during my three month period as interim CEO was the opportunity that lies ahead for our organisation,” Smith commented.

“The combination of our dynamic proprietary platform technology alongside our driven, determined people and tier one partnership portfolio gives us every reason to look forward with confidence.

“Having taken our first assured steps in North America last month we are now well positioned to move forward boldly in 2023 with our core markets and products strategy.

“Working closely with our committed private equity partners, Clairvest, I’m hugely energised to accelerate the growth of our award winning company.”