Craig Ballantyne resigns as COO of Summit Ascent

Craig Ballantyne, chief operating officer of Summit Ascent Holdings is resigning from his current position to take on a new role at Melco International Development Ltd.

While the date of departure was not specified in the Tuesday filing, it is understood that Mr. Ballantyne will make his move once he completes the handover of his current duties and responsibilities to the acting chief operating officer – Mr. Stylianos Tsifetakis.

Mr. Tsifetakis, aged 46, is currently the deputy to Mr. Ballantyne at Tigre de Cristal.

According to the filing, Mr. Tsifetakis has over 20 years of experience in the casino and hospitality industry.

Prior to joining the Group, he was the director of operations at Regency Casino Mont Parnes and a director at Hyatt Regency Casino, both of which are located in Greece.

Mr. Tsifetakis also held senior managerial roles in various world class hotels in multiple jurisdictions including the United Kingdom, Romania and Kazakhstan.

Mr. Tsifetakis holds a casino management certificate in Greece and graduated from London South Bank University in the United Kingdom with a Bachelor of Arts (Honours) degree in hotel management.