Four months after G Subramaniam stepped down as BCCL’s Chief Financial Officer, Sankar Narayan has assumed charge as CFO. S Sivakumar, CEO, Times Private Treaties (the group’s ads-for-equities programme), had been looking after the finance affairs following Subramaniam’s exit in March 2009.
Confirming the development, Sivakumar said, “Sankar was appointed as CFO about a week ago. This position was impending and I was in the interim for four months.”
Neither Narayan nor the Group’s CEO, Ravi Dhariwal, were available for comments at the time of filing this report.
In another significant development at BCCL this month, Dr Dileep Padgaonkar, former Editor of The Times of India, has been brought in as Consulting Editor for The Times of India. Dr Padgaonkar, who is currently in Spain on vacation, informed exchange4media via SMS, “This is the fourth time that I have been privileged to serve BCCL. This time, I have returned more as a mentor to younger colleagues.” Dr Padgaonkar started his fourth stint with the Group on July 6, 2009. He further informed that he would be returning to India on August 4.
Dr Padgaonkar began his journalistic career at the age of 18 with the Pune Herald. In May 1968, he was appointed foreign correspondent for The Times of India, the youngest one, in Paris. He returned to Mumbai in 1973 as Assistant Editor. Dr Padgaonkar was appointed Resident Editor of TOI’s Delhi edition in 1974. In 1978, he joined UNESCO and was transferred to Paris as Deputy Director of the Office of Public Affairs. He was subsequently appointed its Director.
In 1986, he returned to India and The Times of India Group as its Executive Editor, and was appointed Editor in 1988. In 1994, he started his own company, Asia Pacific Communication Associates, which deals in news and current affairs. He was brought back into The Times of India’s fold as its Director (Corporate) in 1998 and edited the paper from 1998 onwards.