Industry News

CIRSA Appoints Antonio Hostench as CEO

Published

3 years ago

April 8, 2022

Niji Narayan

Reading Time: < 1 minute

Grupo CIRSA has announced the appointment of Antonio Hostench as new Chief Executive of the Blackstone-owned Spanish markets gambling group.

The board of CIRSA informed stakeholders that it had decided to split the duties of CEO and Chairman that Joaquim Agut had served since 2018. Agut will now solely act as Executive Chairman of CIRSA, charged with leading the group’s corporate governance, leadership remuneration and appointment committees.

Promoted from his role as President of CIRSA’s Sportium sportsbook brand, Hostench will replace Agut as Group CEO, charged with overseeing the firm’s global growth strategy and management of the firm’s executive leadership team.

Agut welcomed the decision, stating that CIRSA was right to follow Spanish business’ Code on Best Corporate Governance.

Hostench’s appointment was deemed by Agut as “a natural decision that responds to the Group’s culture of believing in internal talent and promoting it”.

“Antonio has proven to be a key part in the process of professionalization of the company and its growth thanks to its deep knowledge of the sector acquired through its years of experience in CIRSA,” Agut added.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.