Octoplay has announced a leadership transition as founder steps back from the CEO role to focus on creative and strategic direction. Ralitsa Georgieva will assume the CEO position from March, leading the studio’s next phase of growth across regulated markets.
Leadership Transition Supports Operational Scale
After three years of expansion, Octoplay has confirmed its founder will transition out of the CEO role to concentrate on the company’s creative and strategic direction. Since launching in October 2022, the studio has developed a portfolio of more than 200 games, secured 15 active licences across Europe and North America, and established presence in multiple regulated markets.
Ralitsa Georgieva will take over as CEO from March. Georgieva has been instrumental in Octoplay’s commercial growth, leading expansion efforts that secured partnerships with tier-one operators, established early European market traction, and facilitated the company’s entry into the US market. Her appointment reflects Octoplay’s focus on execution, operational leadership, and continued scale as the business matures.
Strengthened Executive Structure
Alongside the CEO transition, Octoplay has introduced a strengthened executive team structure. Jack Bailey joins as Commercial Director to drive global growth initiatives. Conor Leavey, who has advised the company since September, steps into the role of Chief Product Officer to oversee product strategy during the next scaling phase.
Martina Borg Stevens has been promoted to Chief Legal Officer, while Nicola Vella assumes the role of Chief Finance Officer, reinforcing governance and financial oversight across the organization.
The leadership changes are designed to align Octoplay’s structure with its evolving operational requirements. The outgoing CEO remains closely involved with the company, continuing to support long-term vision and innovation development.
With a defined executive team and clear focus on operational execution, Octoplay is positioning itself to maintain growth momentum across regulated markets while strengthening its position as a global iGaming content provider.
Source: Octoplay
