Bookmaker, Coral Eurobet, which has just been refinanced by Charterhouse Development Capital, has announced that Phillip Bowman is to be appointed as a non-executive chair of the group.

Bowman is also chief executive of Allied Domecq, a non-executive director of the Burberry group and is also a member of the UK Industrial Advisory Board of Alchemy Partners.

He said: “I am very much looking forward to working with the management team at Coral Eurobet at this important time for the company and the industry as a whole.”