The Supervisory Board of the Curaçao Gaming Administration Board (GCB) has named Cedric Pietersz as its new chief govt officer.
Pietersz will elevate on his new feature from 1 February 2024.
As CEO , Pietersz will be charged with monitoring all contemporary licensing exercise that takes assign underneath the contemporary regulations, the Nationwide Ordinance on Offshore Games of Hazard (NOOGH).
In his new feature, he’s going to furthermore oversee Curaçao’s transition to the Nationwide Ordinance for Games of Probability (LOK).
Previously, Pietersz held a desire of roles on the Centrale Monetary institution van Curaçao en Sint Maarten over twenty years. His roles ranged from supervisory to managerial. For the length of his tenure, Pietersz gained operational, anti-cash laundering and regulatory journey.
Pietersz said he’s prepared to abet Curaçao’s gaming market switch into a brand new section.
“I am honoured to affix the Gaming Administration Board on the kind of dynamic time,” said Pietersz. “I am confident that alongside with the crew and the Supervisory Board we are able to strategically steer the GCB into a brand new expertise whereas turning in price to all stakeholders including the minister of finance.”
Fons Simon, chairman of the GCB Supervisory Board said Pietersz’s appointment kicks off a brand new expertise for the jurisdiction.
“The GCB is at a pivotal juncture, and Cedric’s appointment marks the starting up of a transformative expertise,” said Simon. “With a confirmed tale of distinctive provider in the monetary sector, he brings a particular mix of strategic foresight, regulatory prudence, and operational excellence.”
Misreporting on LOK
The announcement of Pietersz as CEO comes after a week of spurious hypothesis over Curaçao’s LOK. Whereas experiences surfaced that acknowledged the LOK had been rejected by Curaçao’s parliament, these weren’t upright.
The LOK was once despatched to parliament final month. As with each and every draft regulations in Curaçao, it had been despatched to the Council of Advice.
On 3 January 2024, the Council’s response to the ministry of finance relating to the LOK was once printed online. This was once first got by the ministry in June 2023, and contained phrasing that urged the regulations could perhaps well no longer be despatched to parliament. It it conception that this fuelled rumours that the LOK had been brushed off.
In response, Javier Silvania, Curaçao’s minister of finance released a press free up slamming the “misinformation”.
