Dafna will join operator on 1 November, replacing incumbent Aviad Kobrine who announced in January his intention to step down from a role he has held for more than 15 years. Dafna will also be appointed to the board on that date.

The incoming CFO’s most recent role was finance director and president at Telit Communications from November 2017 until September 2020, having previously held the positions of group CFO and COO, within the company he spent more than 13 years at.

He has also previously worked at Dai Telecom as a finance manager and held the position of audit manager at Deloitte Israel at the start of his career.

888 CEO Itai Pazner, said: “I am looking forward to working closely with Yariv as we continue to focus on delivering 888’s long-term growth strategy. I would also like to extend my personal gratitude to Aviad for his support and friendship over the years.”

Dafna added: “I am excited to be joining such a fantastic business at a pivotal time in its development.

“I am looking forward to helping the business continue to deliver against its strategic objectives and create value for all stakeholders.”

 In June, 888 reported a 34% year-on-year revenue increase year-to-date, from 1 January to 23 June.