Basi begins his new role at Ontario’s state-run lottery and gaming operator today on 1 February, replacing outgoing CFO Lisa Bell-Murray who is retiring after 30 years at OLG.
The new CFO joins after most recently serving as the executive vice president and CFO at Mastermind Toys, helping the Toronto-based retailer grow into a national chain.
Prior to his previous role, Basi acted as a senior executive at Universal Studios Canada and is a designated Chartered Professional Accountant.
Speaking on his appointment, Basi said: “I am pleased to be joining OLG and look forward to working with the team at such a crucial and exciting time for the organization.
“I believe my experience with growing companies, in both the retail and e-commerce sectors, and with entertainment content delivery, will assist OLG as it charts its new strategic course.”
OLG president and CEO Duncan Hannay added: “His successes in large transformations will be an asset as we work together to position OLG for a post-pandemic recovery, digital growth, and new opportunities to maximize value for our customers and the people of Ontario.”