(PRESS RELEASE) -- After founding iTech Labs in 2004 and building it up to be the successful, leading iGaming test lab it is today, Kiren Sreekumar retired from his position as CEO and Managing Director of iTech Labs, effective from 11 October 2023.
Sreekumar served as iTech Labs’ CEO for 19 years (since its inception), during which time, he facilitated the expansion of the company to include test labs in both India and Bulgaria, fuelling an impressive and ongoing year-on-year growth for iTech Labs. Thanks in part to Kiren’s leadership, iTech Labs is a well-known and widely trusted name in the iGaming industry.
The final two initiatives that Kiren undertook before his planned retirement were the previously announced partnership with Gaming Laboratories International, and the appointment of iTech Labs’ new CEO, Alvin Rizaldi.
Rizaldi has served diligently in iTech Labs since joining the company in 2007. Playing a key, hands-on role in the development and growth of the company, he has made significant contributions to shaping and building up iTech Labs into the organization it is today. He has held various senior and executive roles over the past 16 years at iTech Labs, overseeing various aspects of the business, including: technical and delivery, commercial and revenue growth, compliance, accreditations, and day to day operations, while also maintaining close relationships with clients and regulators globally. He has served as a Director prior to GLI’s investment in iTech Labs, and most recently, has had the role of Chief Commercial Officer.
On his appointment as CEO of iTech Labs, Rizaldi said, “I would like to personally and on behalf of everyone at iTech Labs, thank Kiren for his leadership, guidance, and tireless effort over the past 19 years. iTech Labs is entering a new and exciting chapter. It is a privilege to be given the opportunity to lead this great organization. We have a fantastic team, and with everyone’s support, I am thrilled for iTech Labs’ next journey of growth and success.”
With his first-hand insight into iTech Labs’ operations and formula to success, long-proven leadership, and keen interest in ensuring the success of iTech Labs, Rizaldi is positioned to lead the company further along its continued path of success for many years to come.