Former IBM executive Javaid Aziz will take the helm of software developer Cryptologic Inc. as the company shifts to Ireland in the wake of the U.S. online gambling ban.
Aziz replaces Lewis Rose as president and CEO of the company, which is now looking to establish its new headquarters in Dublin to be closer the burgeoning European gaming market and friendlier gambling regulations.
"As the pioneer and leader of the global e-gaming software industry, CryptoLogic is one of the world's great technology success stories," Aziz said in a statement. "I'm excited to lead the CryptoLogic team as we set a course for continued growth and expansion in the U.K., Europe and Asia."
In his more than 30 years of international experience in the information technology industry, Aziz has served as CEO of IBM United Kingdom and founded Aspective Ltd., a wireless application service provider and consultancy.
"In Javaid Aziz, CryptoLogic has chosen an experienced leader in both the management of an innovative technology company and a global business based in Europe," said Robert Stikeman, CryptoLogic's chairman. "Lewis Rose has laid an excellent foundation - and we're confident Javaid will build on this success."
The Toronto-based company is holding a special meeting of shareholders next month to approve the reconstitution of Cryptologic to a publicly traded U.K. resident company.