Starcom MediaVest Group restructures Asia; change in Ravi Kiran’s portfolio
Starcom MediaVest Group (SMG) has restructured its operations in Asia. A few markets have been identified as the emerging areas that are expected to add to the overall SMG growth in the time to come. Amongst the other changes, the Asia restructuring would see Ravi Kiran, CEO, SMG South Asia focus and build India further. In this new structure, he would also lead the specialist solutions practices for all of the emerging markets.
It is believed that this move has been in the wake of the global meltdown that is impacting the India region also now. SMG has identified some markets that would contribute to the overall growth of the company in time to come. Some of the regions identified in these emerging markets are India, China, Russia and the Middle East.
Kiran will take charge of the specialist solutions for all of these regions, and is expected to shift back to India. Sources say that this would happen by early 2009.
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