Premier Lotteries Ireland (PLI), the operator of the National Lottery has recently announced the appointment of Andrew Algeo as chief executive officer.
He will succeed Dermot Griffin, who announced his intention to step down, earlier in the year.
It is believed that Andrew will take up the role on June 17, 2019.
“I have long admired the National Lottery and its progress," Algeo said.
"The substantial funding which the National Lottery provides to exemplary causes and their inspirational people, improves society for all of us."
Algeo, 48, previously worked as an adviser at Ryanair where he oversaw a commercial reorientation programme, the group outlined in a statement.
He is also part of the group advising the Department of Justice on its current transformation and previously worked as managing director of Commercial & Risk at Paddy Power.
"Andrew comes with a wealth of expertise which makes him an ideal choice to lead the National Lottery through the next phase of its development and deliver on our objective of further increasing the amounts we raise for good causes," Padraig Ó Ríordáin, Chairman PLI said.
The group said that total funds raised for good causes have increased every year since 2014, when PLI took over the running of the National Lottery.
The figures, it said, amounted to €228.5 million last year, bringing the total contribution since then to more than €860 million.
© 2019 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.