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FSB confirms Smith as full-time CEO

| By Robert Fletcher
B2B sports betting and igaming supplier FSB has appointed Adam Smith as chief executive on a full-time basis following a three-month interim period.

Smith took on the role in December 2022 after it was announced that co-founder David McDowell would step down as CEO of the business.

During that short period, Smith oversaw FSB’s entry into the North American region via an expanded relationship with long-term partner Fitzdares in the regulated Canadian province of Ontario.

Prior to taking on the interim CEO role, Smith was UK managing director and group board member at a Northern European technology and consultancy business. 

Adam Smith
new fsb ceo adam smith

Smith’s experience includes running a number of large-scale, multi-jurisdictional regulated market delivery programmes, as well as leading business scaling and transformation initiatives in telcom, travel, market data, manufacturing and IT sectors.

“Taking full-time charge of FSB is a great thrill for me,” Smith said. “What became clear during my three-month period as interim CEO was the opportunity that lies ahead for our organisation. 

“The combination of our dynamic proprietary platform technology alongside our driven, determined people and Tier 1 partnership portfolio gives us every reason to look forward with confidence.

“Having taken our first assured steps in North America last month we are now well positioned to move forward boldly in 2023 with our core markets and products strategy.

“Working closely with our committed private equity partners, Clairvest, I’m hugely energised to accelerate the growth of our award-winning company.”

Clairvest managing director Mohit Kansal added: “Adam’s commitment and impact at FSB in a short few months with the support of the senior management team has been exemplary. We look forward to working closely with him and FSB towards a bright future.”

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