Isle of Man based blockchain lottery operator Quanta has officially announced the appointment of Ioannis Papachristou as the group’s new SVP, Managing Director of its Isle of Man branch.

Described by the organisation as ‘dynamic and motivated’, Papachristou brings experience in managing operations and projects to the group, with the new SVP, Managing Director also bringing with him a track record of overseeing concept projects to fruition.

Discussing his unveiling, Papachristou stated: “I am excited to take on this role and to focus on Quanta’s potential to utilise revolutionary technology to bring unparalleled security, transparency, and immutability to the gaming sector and beyond. As a true believer in Quanta’s vision for the future, I have confidence in the new management team and its ability to lead the company to success.”

In addition to his history working within the operations management field, Papachristou will also bring experience in building cross-functional teams as well as ‘exceptional’ communication and decision making skills to the role. 

Harmen Brenninkmeijer, Quanta’s CEO, commented: “Ioannis is able to respond quickly to changes that occur on a daily basis in fast moving industries.As a member of senior management, the managing director is also expected to promote expansion and innovation within the industry.“

Papachristou’s unveiling is the second high-profile appointment of the month for Quanta with the group having announced the installation of Stelios P Michaelides as the group’s new Chief Compliance Officer last week. 

Michaelides, who brings with him over 40 years of managerial experience, has been described by his new employers as a strategic thinker that is both internationally-minded and versatile. 

Discussing Michaelides’ appointment Brenninkmeijer added: “Stelios has sound judgment and ability to identify and resolve complex issues in a dynamic environment. I am confident that he will further Quanta’s ability to successfully navigate the ever-changing business and regulatory landscapes.

“[He is] able to work autonomously or lead remotely in order to make informed decisions necessary to implement company success, [and has] a proven track record of stellar financial planning, budgeting and forecasting, alongside a wealth of experience in building company awareness and reputation on a global scale.”