OPAP Cyprus has appointed Alexandros Davos as the new CEO, effective immediately. Davos joined the company in June 2023 as General Commercial Director and took on managerial responsibilities in January 2024, significantly contributing to the company’s operations.
Alongside this appointment, OPAP Cyprus has restructured its Board of Directors, welcoming new members to support the company’s future endeavours, particularly following the recent 15-year concession agreement with the Cypriot government. The board now includes Kamil Ziegler as President and members Jan Karas, Maki Georgiou, Christos Pitta, Fotis Zisimopoulos, Elias Katsaros, Petros Xarchakos, and Panos Gavriil.
In his new role, Davos is expected to drive strategic initiatives and leverage his commercial expertise to further enhance OPAP Cyprus’ market position. The company’s decision to refresh its leadership team reflects a broader strategy to adapt to evolving market conditions and regulatory environments.
The company expressed gratitude to the outgoing board members, Charalambos Christou and Isidoros Makridis, for their dedicated service and contributions. Their tenure saw substantial developments within OPAP Cyprus, setting a solid foundation for the new leadership to build upon.
This leadership transition comes at a pivotal time for OPAP Cyprus as it navigates the complexities of the gaming industry and seeks to expand its footprint within the region. The new board members bring a wealth of experience and a diverse set of skills that are anticipated to drive innovation and operational excellence.
As OPAP Cyprus embarks on this new chapter, the company’s stakeholders and market observers will be keenly watching how these changes will influence its strategic direction and performance in the competitive gaming sector.
The appointment of Davos and the refreshed board is a strategic move designed to align the company with its long-term goals, ensuring sustainable growth and continued success in the Cypriot market.