FSB names Andrew Bowen as new CFO

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Sports betting platform and systems provider FSB has strengthened its leadership team after appointing Andrew Bowen as its new chief financial officer.

Prior to his new role, Bowen has accrued a number of years of senior-level experience in corporate and operational finance across the gambling sectors having previously served as the Finance Director of the eGaming Division at Ladbrokes.

From there, Bowen then went on to become the Finance Director for the Gaming Division at Scientific Games, where he oversaw the group’s strategy to support strategic partnerships across a number of key gaming markets. His role also included the integration of recent acquisitions.

Bowen celebrated the new role: “I’ve always premised my business relationships on the ability to add value. Working with FSB, I’ve not only found a flexible, best-in-breed platform that can speak to the different sides of the gaming industry but also a strong, experienced team that are client-focused and eager to tailor their offering to make it work for their partners.

“FSB has cut its teeth in the UK’s ultra-competitive sports betting domain, raising the tech bar with numerous tier-one platform awards, despite being a smaller company. That really grabbed my attention.

“Specifically, the team’s combined ability to leverage leading software infrastructure as a progressive business model for the modern gaming era, while also managing to invest in front end and the next generation of retail products, spoke to my experience and enthusiasms for the future of the sector.”

Bowen is expected to support FSB’s plan to broaden its footprint into emerging territories, having secured significant working capital from Toronto-based private equity firm Clairvest earlier this summer.

David McDowell, CEO at FSB, added: “We’re thrilled that Andy is joining the FSB team. His industry experience and contacts are second to none. We feel sure he’ll be a true asset to both FSB and all our clients, as we look to grow beyond our initial domestic horizons. FSB’s flexibility, scalability and product range will see us consistently win business, even in the hotly contested U.S. market.

“Unlike so many companies in the space, FSB have never worked in black markets, always focussing on regulated territories. I know that was hugely important for Andy, underscoring his CV for probity and compliance as a top-notch CFO. Ultimately, this responsible approach should set us apart for our partners.

“We already offer the best B2B services backed up with the best technology and we are attracting the best talent possible. So, whether you’re an established operator or a bricks-and-mortar business making your first move into sports betting or online gaming, FSB can help.”