Kambi hands senior business role to Wachtmeister

Kambi Group has moved to strengthen its executive management team with the appointment of Cecilia Wachtmeister as executive vice president for business and group functions.

Wachtmeister has been serving on the Kambi board since 2017 but will now step down in order to take on her new role with the sports betting services provider.

Reporting to Kambi chief executive Kristian Nylen, Wachtmeister will take on responsibility for the group’s commercial, marketing communications, strategy and human resources functions. She will split her time between Kambi’s offices in London and Stockholm.

Prior to joining the Kambi board, Wachtmeister spent 11 years serving in various senior positions at telecommunications giant Ericsson. Her roles included vice president of group sourcing, vice president of global customer accounts and vice president, head of global sales industry and society.

“I’m delighted to become EVP Business & Group Functions at Kambi, a company I have had the pleasure to watch grow impressively during a period of immense change in the global sports betting industry,” Wachtmeister said.

“My time on the board has afforded me valuable insight into Kambi, its culture and people – a team I’m now tremendously proud to become part of – and I look forward to contributing when the company take its next steps in this exciting growth phase.”

CEO Nylen added: “Cecilia has proven to be a major asset to the Kambi board over the past two years, demonstrating her business acumen and ability to gain a quick and detailed understanding of Kambi and its competitive landscape.”