The board of OPAP SA has initiated a search for a new chairman following the immediate resignation of Kamil Ziegler. [On Tuesday], OPAP informed investors that Ziegler had stood down as Chairman of the Athens-listed gambling group and operator of the Greek national lottery.

Intermediate plans will see Jan Karas take on the dual responsibilities of Group CEO and Chairman of OPAP.

Investors were informed that Ziegler had resigned as Chairman due to ‘personal reasons,’ but will be maintained as an executive advisor of the OPAP board.