The speculation had been doing the rounds for almost a month now. Finally, Aniruddha Lahiri, Managing Director, ABP Ltd, has made public his intention to move on. Though an official circular is yet to be put out, on Thursday morning Lahiri broke the news to his senior management colleagues in Kolkata. He is expected to hand over charge at the end of the year.
When contacted by exchange4media, Lahiri, confirmed the development and said, “Yes, I will be leaving, but this is not a sudden decision. I had expressed a desire to move on for quite sometime. I have been keen for a long time to do something close to my heart, something good for my soul.”
Lahiri further said that the ABP board had requested him to continue for some more time till a replacement was found to enable a smooth handover. “I have seen through the transitional phase of the group and done my bit for ABP. On the board’s request, I am there till the yearend, but it is flexible.”
When asked about his next port of call, Lahiri said that he was not in a position to disclose anything further at this stage about his future plans.
Lahiri was also Director, Media Content & Communication Services (MCCS), the joint venture between ABP TV, a 100 per cent subsidiary of ABP Group, and STAR Group. MCCS runs the STARr News and STAR Ananda news channels, which have been making a strong impression in the television news space in recent months.
A long-time Levers executive, Lahiri was Director-HR, Technology and Corporate Affairs at Hindustan Lever Ltd. Prior to leaving Levers, he had a senior level posting at Unilever Rotterdam. In November 2001, he moved back to India as MD of ABP Ltd.
Lahiri was also a member of the jury for the first Indian Marketing Awards initiated by exchange4media in October last year.