Karhu moves into the position having previously served as chief business officer and will take over the day-to-day running of the business, as well as assume responsibility for strategy development and execution, driving growth and overseeing resources and development.
He replaces Toni Halonen, Bojoko’s co-founder Toni Halonen, who will take on the newly created role of chief product officer, with a core focus on improving product and user experience.
“Over the past four years, I have watched the business grow into an award-winning, market-leading online gambling affiliate organisation with a presence in markets around the world,” Karhu said.
“I have always worked closely with Toni in my role as chief business officer and believe I am in a strong position to take over the reins and continue to drive the business forward and on to greater success.
Halonen added: “In Joonas we have the perfect candidate for the CEO role; he knows the business and also has unrivalled knowledge of, and experience in, the market.
“This reshuffle allows me to refocus on my passions – technology and SEO – and to ensure that Bojoko continues to push the boundaries in the areas of technology and user experience.”