Devraj Sanyal has quit as CEO of Percept D’Mark (PDM) India. He has expressed his desire to move on and float a new venture. The board of directors has accepted his resignation. However, Sanyal would continue as CEO till the end of the year.
At present, there would be no change on the organisation structure with Manuj Agrawal continuing as Chief Operating Officer.
Sanyal has been with PDM for close to five years, and ever since 2007, when he was promoted to CEO, he has been handling all PDM India businesses with a special focus on integrating the various group businesses such as mainstream advertising, content, talent, PR and OOH to bring about an experiential edge.
PDM is a division of Percept Ltd, an entertainment, media and communications company. With capitalised billings of about Rs 1,600 crore (FY’08), Percept today has a team of over 1,000 people and 62 offices across India and the Middle East.