Zee Entertainment Enterprises Limited (ZEEL) has appointed Mihir Modi as Chief Finance and Strategy Officer in place of Hitesh Vakil, who is now elevated as CEO – Service Excellence.
Vakil, CFO with ZEEL for the last 19 years, has been an integral part of the company’s journey. Recognizing his valuable contribution, the company has elevated him as the CEO, Service Excellence, making him responsible of setting up a state-of-the-art Shared Service Centre, which will offer shared services across the Group, said an official release.
Modi, a chartered accountant and post graduate in Management from Indian School of Business (ISB), comes with over 16 years of experience spanning across M&A, strategy, finance and general management in diverse businesses across Europe, Africa and India in varied roles. His last assignment was as CFO – Darling Business (JV between Godrej and Darling Group) at Godrej Consumer Products. As Chief Finance and Strategy Officer, he will be responsible for finance, strategy and business development.
Modi’s appointment is with effect from October 10, 2013 and he will directly report in to Punit Goenka, MD and CEO, ZEEL.