Katsibouba has been appointed as the permanent Chief Financial Officer (CFO) of The Star. She has been serving in this role on a temporary basis since May last year. Prior to joining The Star, Katsibouba had an extensive career in the finance industry, including positions at Salmat, the Apparel Group, and PricewaterhouseCoopers.
Star’s managing director and CEO, Robbie Cooke, expressed his excitement about Katsibouba’s appointment, highlighting her passion and experience in the gaming sector. He also mentioned her extensive finance experience spanning over 25 years in various sectors, including gaming, retail, and marketing.
The appointment comes after a challenging year for Star, which faced a suspension of its license and a hefty fine of AU$100.0m in Queensland due to a series of failings. An examination of these failings revealed institutional shortcomings similar to those found in an earlier report on Star’s activities in New South Wales.
Furthermore, it was recently announced that several current and former directors and executives, including Ben Heap and Katie Lahey, will face civil proceedings from the Australian Securities and Investments Commission (ASIC). These proceedings are in relation to findings from investigations into Star’s activities in New South Wales and Queensland.
The individuals facing proceedings also include John O’Neill, Matthias Bekier, Richard Sheppard, Gerard Bradley, Sally Pitkin, and Zlatko Todorcevski, all of whom are no longer with Star.
