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MAGAZINE OF THE EUROPEAN LOTTERIES, 2011, SEPTEMBER ...

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has developed a comprehensive guideline on Risk<br />

Management for the Lottery sector in Europe.<br />

The purpose of this document is to assist risk managers<br />

and/or operation managers of Lottery organisations<br />

to be proactive and identify risks before they<br />

occur. Guidance is given on how to avoid or limit the<br />

impact of a risk occurring and its effect on the business<br />

activities.<br />

The content of the document reflects current European<br />

trends in risk management and helps to ensure<br />

that Lottery organisations take appropriate steps<br />

to inform and protect themselves against risks that<br />

might affect their operation. It also helps in enabling<br />

the organisation to limit the frequency and impact<br />

of such risks. Much of the information contained in<br />

the document is the “pooled” experience of EL Mem-<br />

AURELIO MARTÍNEZ ESTÉVEZ<br />

PRESIDENT <strong>OF</strong> “SOCIEDAD ESTATAL LOTERÍAS<br />

Y APUESTAS DEL ESTADO, S.A.”<br />

On March 11, <strong>2011</strong>, the Council of Ministers appointed<br />

Aurelio Martínez Estévez as President of<br />

the “Sociedad Estatal Loterías y Apuestas del Estado<br />

(SELAE)”, the company assuming the assets and the<br />

duties carried out until today by the state gaming<br />

operator, the public undertaking “Loterías y Apuestas<br />

del Estado”. Already in February, Mr. Martínez<br />

had been appointed as President - Managing Director<br />

of “Sistemas Técnicos de Loterías (STL)”, the preliminary<br />

stage to his nomination to the Presidency<br />

of SELAE.<br />

EL ACTIVITIES<br />

bers, and specifically addresses the types of games<br />

common to European Lottery organisations: e.g.<br />

• Internet gaming: games results are instantaneous;<br />

• Sports betting: prizes are won according to the result<br />

of sport, live betting, etc…;<br />

• Poker: online poker games;<br />

• Draw-based games;<br />

• Scratch cards.<br />

It is anticipated that the guideline will be completed<br />

and published towards the end of <strong>2011</strong> and will be<br />

available for Lottery Members to use to the benefit<br />

of their business.<br />

Thierry PUJOL<br />

Director of Security and Risk Management, La Française<br />

des Jeux<br />

& Chair of the EL Security and Risk Management Working<br />

Group<br />

Born in Zaragoza on April 7, 1947, Aurelio Martínez<br />

is Professor of Applied Economics and Doctor of<br />

Economic and Social Sciences at the University of<br />

Valencia.<br />

He was President of the Institute of Official Credit<br />

(ICO) until July 2009 and of the public institution Navantia<br />

(leader in the shipbuilding industry in Spain)<br />

before joining STL. Prior to ICO, he was Director at<br />

the International Economic Conditions Observatory<br />

(OCEI), Director of the Economic Structure Department<br />

of the University of Valencia and Director General<br />

for Economics and Financial Policy of the Generalitat<br />

Valenciana.<br />

He also held a number of positions within both the<br />

state and autonomous administration. In 1991, he<br />

was appointed Director of the Economics Department<br />

of the Office of the Presidency of the Government.<br />

He held this position until 1993 when he took<br />

up his new duties within the Department of Economics<br />

and Finance of the Generalitat Valenciana.<br />

He was also President of the Finance Institute of Valencia.<br />

He previously held several different positions<br />

in the banking sector, in particular those of Vice-President<br />

of the “Caixa d’Estalvis Provincial” of Valencia<br />

and Secretary General of the Valencian Federation of<br />

Savings Banks.<br />

Aurelio Martínez published and co-wrote thirty publications<br />

and over fifty articles about economic and<br />

financial issues, including:<br />

“Reflexiones en torno a la crisis económica de los años<br />

70”; “Dinámica exportadora del País Valenciano”;<br />

“Estructura industrial y generación de empleo en la<br />

economía murciana”; “Coyuntura y crisis económica:<br />

apuntes para su interpretación” and “Economía internacional.<br />

Diez años de crisis”.<br />

25 NEWS 37 <strong>SEPTEMBER</strong> <strong>2011</strong>

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