Vee Moodley has been appointed as the new National Horseracing Authority (NHA) Chief Executive Officer.
Mr Moodley was previously Phumelela Executive Director, Sports Betting.
Tellytrack CEO Rob Scott will move into Mr Moodley’s vacated role.
The Phumelela press release on Monday afternoon reads as follows:
PHUMELELA MEDIA RELEASE
SUBJECT: Change to the Executive
DATE: 3 December 2018
RELEASED BY: Phumelela Gaming
Vee Moodley, Phumelela’s Executive Director, Sports Betting, has resigned following his appointment as CEO of the National Horseracing Authority.
After studying at the University of Natal and working as Group Accountant for the PMC Group of Companies in KwaZulu-Natal, Vee opted for a career path change and joined the National Horseracing Authority as handicapper in 2003.
His thorough knowledge and understanding of horseracing stood him in good stead and in 2007 he was promoted to Racing Control Manager and Chief Executive Officer designate of the National Horseracing Authority.
Vee has a strong financial background and excellent knowledge of horseracing and betting and was appointed by Phumelela as Sports Betting Executive on 1 July 2010 and as Executive Director: Sports Betting on 1 October 2010. Vee was also appointed CEO of Betting World, a subsidiary of Phumelela, on 1 June 2015.
Vee takes over the reins at the NHA from Lyndon Barends, who resigned at the end of September this year.
Rob Scott, current CEO of Tellytrack, will assume the role of Sports Betting Executive.
Scott hails from a well-known racing family, with both his late brother and uncle respected trainers while his father, Tony, was a steward. Rob has been involved in horse ownership for 11 years.
Before his appointment as CEO of Tellytrack, Rob worked in various senior management positions for Edcon for more than two decades. He holds an MBA degree.
The Board and management team would like to thank Vee for his valued service and contribution to the Company over the past eight years and wish him every success in his new role as CEO of the NHA.
On Tuesday Morning the NHA put out their own media release:
The National Horseracing Authority is pleased to announce the appointment of Mr Vee Moodley as the new Chief Executive, effective 1st January, 2019.
Mr Moodley has a stellar career in the horseracing industry, building a wealth of experience and deep knowledge in almost every aspect of the Sport over the past 15 years.
After working as a group accountant, Mr Moodley opted for a career change and began as a Handicapper with the NHA in 2003. He was then promoted to Racing Control Manager in 2007 and by the end of 2008 he was identified as the Chief Executive designate of the NHA with full working knowledge of the regulatory body, its rules and all of its functions.
In 2010, he was then headhunted to join Phumelela Gaming and Leisure where he became the Executive Director for Sports Betting, and later became Chief Executive of Betting World as well as a member of the main board of Phumelela. He also served on the boards of Kenilworth Racing, Betting World East Cape, Supabets, Superworld and the South African Jockeys Academy.
He currently is a member of the National Racing Committee, National Fixtures Committee, the Handicapping Appeal Committee and the Race Programme Committee.
A man with an unbridled and passionate commitment to thoroughbred horseracing. In order to avoid of any conflict of interest, Mr Moodley accepts the post of Chief Executive of the NHA on the grounds that he will no longer hold any directorships nor shares or share options in any part of Phumelela or its betting operations and that his sole and complete focus will be to steer the course of the regulatory body in all its aspects.
In welcoming Mr Moodley, the Board of the NHA believes that his vast experience will enable him to provide a visionary leadership role with strong financial and strategic skills that will enhance the future, the integrity and the transformation of the Sport of Horseracing as well as the core functions of The National Horseracing Authority.