Cedric Pietersz is set to assume the role of CEO at the Curaçao Gaming Control Board (GCB) starting from February 1, 2024.
In this capacity, Pietersz will take on the responsibility of overseeing all ongoing licensing activities conducted under the current legislation, the National Ordinance on Offshore Games of Hazard (NOOGH).
Additionally, his role will involve supervising Curaçao’s transition to the National Ordinance for Games of Chance (LOK).
Pietersz brings a wealth of experience to his new position, having previously held various roles at the Centrale Bank van Curaçao en Sint Maarten for over two decades.
His professional journey within the bank encompassed both supervisory and managerial roles, which enabled him to amass valuable expertise in operational management, anti-money laundering measures, and regulatory practices.
Expressing his enthusiasm for this new role, Pietersz emphasized his commitment to assisting Curaçao’s gaming sector in its evolution.
He remarked, “I am honored to join the Gaming Control Board at such a dynamic time.
I am confident that together with the team and the Supervisory Board, we will strategically steer the GCB into a new era while delivering value to all stakeholders, including the minister of finance.”
Fons Simon, Chairman of the GCB Supervisory Board, hailed Pietersz’s appointment as the dawn of a transformative era for the jurisdiction.
He commended Pietersz’s track record of outstanding service in the financial sector, highlighting his unique blend of strategic vision, regulatory acumen, and operational excellence.
The announcement of Pietersz as CEO follows a week of erroneous reports surrounding Curaçao’s LOK.
Contrary to speculations suggesting the rejection of the LOK by Curaçao’s parliament, the facts were different.
The LOK had been submitted to parliament in the previous month and, in accordance with the standard procedure in Curaçao, had undergone review by the Council of Advice.
On January 3, 2024, the Council’s response to the Ministry of Finance regarding the LOK was published online.
This response, initially received by the ministry in June 2023, included language that led to misunderstandings, implying that the law could not proceed to parliament.
This miscommunication led to unfounded rumors about the LOK’s dismissal.
In response to these misconceptions, Javier Silvania, Curaçao’s Minister of Finance, released a statement condemning the spread of misinformation and reaffirming the accurate status of the LOK.