Sporting Index Group has appointed Simon Trim as its new CEO, following the departure of Warren Murphy.

Murphy served as CEO of the Group for the past seven years, before announcing his resignation last month.

Trim’s time with the firm dates back 18 years. He has operated as Sporting Index’s trading director, and was later promoted to managing director of Sporting Solutions, the B2B trading services division of the Group, in 2011.

“I am extremely proud and happy to be taking on the Group CEO role of such a fantastic company,” Trim said.

“The Sporting Index Group has always been a quiet powerhouse within the gambling industry, offering a differentiated consumer betting product through Sporting Index and underpinning a lot of the recent in-play growth in the wider market through Sporting Solutions.

“It has never been in better shape to continue maximising its opportunities in the market, and I’m delighted to have been chosen to take it forward.”

Sporting Index was established in 1992, the company offers spread bets on a wide variety of sports, political and showbiz events, as well as on a portfolio of unique virtual games.