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#G5 Entertainment: Appoints new CFO


In its preparations for the big re-listing to Nasdaq OMX during 2013, mobile gaming company G5 Entertainment has appointed a new CFO.

On Monday May 6th, G5 announced that Mr Odd Bolin has been appointed CFO as of May 2nd, taking over from Sergey Shults, who will remain within the company as Head of Accounting.

Says G5 CEO Vlad Suglobov: “The upcoming relisting to Nasdaq OMX Stockholm during H2 2013 puts increased demands on our company in terms of financial reporting and market information. With Odd joining us as CFO, we want to utilise his pracitcal experience within these areas and strengthen our management in general.”

Odd Bolin comes from Swedish Cybercom Group, an IT consulting company, where has held both positions as Head of Sweden and CEO. Mr Bolin, age 49, also has experience from Corporate Finance and Equity Reseach.

This appears to be solid recruitment for G5. Mr Bolin has been CEO of a listed company in the past and knows the Swedish investor base well. Hopefully, he will manage to build trust and confidence for the G5 case, both in Sweden but also abroad. Once the company is listed on Nasdaq OMX, foreign investors will finally be able to invest in this fast growing, profitable, debt free  growth story.

Nordic Investor


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