Novomatic installs new governance structure in search of improvement in Africa

Novomatic seeks to improve its services, support and product placement in African markets, following the detailed introduction of a new management structure.

The company says that recent personnel and structural changes in the company's management are designed to address challenges in the local business environment as well as changing market dynamics.

As of today (June 1, 2021), Sonya Nikolova, Muriel Loftie-Eaton, i Alexander Merwald will officially return to their role as managing directors Novomatic Africa .

Nikolova, who joined the group in 2016 in a senior global sales role, has been appointed acting CEO, continuing to lead sales on the continent.

Loftie-Eaton, a qualified chartered accountant and has been with the group since 2017, serves as CFO, with Merwald, who has been with Novomatic since 2012 when he became head of group M&A, serving as CIO .

Nikolova said: "My new role means a great responsibility to the Board of Novomatic AG, as well as to my fellow directors, team, customers, friends and family.

"Novomatic is a great company to work for and I consider this appointment a distinct privilege and honor. One of our first priorities will be to improve customer satisfaction by implementing corporate standards of superior quality and good business practices in all business areas of the local units.

"Novomatic's outstanding technology and gaming products, complemented by the commitment, competence and skills of the entire team, are solid evidence that we are well positioned to achieve all the goals we have set."