Punit Goenka Appointed President of IAA India Chapter

Shashi Sinha, CEO, IPG Media Brands India was elected Vice President. The office bearers ​would be Pradeep Dwivedi, Hon. Secretary, Jaideep Gandhi, Hon. Treasurer, and Ramesh Narayan Immediate Past President

exchange4media Staff 25-September-2018

Punit Goenka, Managing Director & CEO, Zee Entertainment Enterprises Ltd (ZEEL), was unanimously elected President of the India Chapter of the International Advertising Association (IAA) at its AGM held on September 24, 2018 in Mumbai.
Speaking on his new role as the President of IAA, Goenka said, “It is an honour for me to take over the mantle of leading the India Chapter of IAA. I am humbled by the faith and trust that my friends and colleagues from the Industry have bestowed on me. It will be my sincere endeavour to work towards strengthening the India Chapter of this prestigious association, taking up initiatives that address key industry concerns and are aimed at enhancing the ecosystem.”  
Shashi Sinha, CEO, IPG Media Brands India was elected Vice President. The office bearers ​would be Pradeep Dwivedi, CEO, Sakal Media Group, Hon. Secretary, Jaideep Gandhi, Founder, Another Idea, Hon. Treasurer, and Ramesh Narayan Immediate Past President. ​

The Members of the Managing Committee elected include Megha Tata, COO- BTVI, Janak Sarda, Director- Deshdhoot Group, MV Shreyams Kumar, JMD- Mathrubhumi Group, I.Venkat, Director- Eenadu, Abhishek Karnani, Director- Free Press Journal. The list of members co-opted and invited to the Managing Committee will be shortly announced.

Punit Goenka has just relinquished office after a much-acclaimed term as President of the IBF.

During his tenure as MD & CEO, ZEE has won several awards including the Dun & Bradstreet Corporate Award 2015, IMC Fusion Award 2013 for Excellence in Media, Businessworld Infocom ICT Award 2012 and many more.

Punit Goenka was conferred the ‘Outstanding Contribution to Media’ award at the Managing India Awards hosted by AIMA in 2018. He has also received Business Today ‘Best CEO Award’ in the Media and Entertainment category for 2016, MIPTV’s Médaille d'Honneur Award 2016, Economic Times ‘40 Under Forty’ India’s Hottest Business Leaders Award 2014, the ‘Young CEO Award’ by CEO India magazine in 2015 and the IAA Leadership Award 2014 under the category of ‘Media Person of the Year Award’. Goenka has also been recognized as the ‘Entrepreneur of the Year’ during the Asia Pacific Entrepreneurship Awards 2014. He was felicitated as the ‘IMPACT Person of the Year’ in 2014.

Outgoing President Ramesh Narayan said "I am delighted that Punit Goenka is taking over as President IAA. His well-known leadership skills and the respect he commands in our industry will undoubtedly take the IAA India Chapter to greater heights. Shashi Sinha is a doyen of the advertising industry and a known performer in industry Associations. The combination is unbeatable.”

Srinivasan Swamy, President Elect IAA Global, and Chairman, RK Swamy BBDO, said "Punit Goenka is wonderful leader to have in the year when India will host the 44th IAA World Congress in Kochi in February 2019. I am very happy that such a distinguished person has taken over the responsibility of leading IAA. It augurs well for the India Chapter.”

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Lakshmi Narasimhan quits GroupM

Narasimhan joined GroupM in 2015 from Crayon Data, a data firm

exchange4media Staff 1 hour ago

LakshmiNarasimhan

Chief Growth Officer of GroupM Lakshmi Narasimhan has resigned, according to media reports. Narasimhan is reportedly serving his notice period. 

The reports have cited “credible sources”.as the basis of the information.  

Narasimhan joined GroupM in 2015 from Crayon Data, a data firm. He has earlier worked with companies such as Mindshare, Madison World, Infomedia18. 
 

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GSK Chairman Philip Hampton steps down

Move comes close to drugmaker’s decision to split business

exchange4media Staff 1 hour ago

hampton

The Chairman of GlaxoSmithKline Plc Philip Hampton has decided to quit after a stint of over three and a half years in the position, media reports said. 

The news comes close to the drugmaker’s decision to split its business into one for prescription drugs and vaccines, and the other for over-the-counter products. 

Chief Executive Emma Walmsley had announced in December that GSK and Pfizer have decided to join hands in their consumer health businesses. 

“Following the announcement of our deal with Pfizer and the intended separation of the new consumer business, I believe this is the right moment to step down and allow a new Chair to oversee this process through to its conclusion over the next few years,” Hampton said in a statement. 

Hampton had taken up the job at GSK when the company was going through a rough phase. He was given the responsibility of bringing the firm out of the crisis. Prior to GSK, Hampton was the Chairman of Royal Bank of Scotland Group Plc and J Sainsbury Plc.

 

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Policybazaar.com appoints Jayant Chauhan as CPO, Rahul Agarwal as CTO

Chauhan has worked with organisations such as Airtel, Zomato, Reliance and Samsung. Prior to joining Policybazaar.com, Agarwal served as CTO of Lava Mobile

exchange4media Staff 22 hours ago

Policy

Policybazaar.com has appointed Rahul Agarwal, as its Chief Technology Officer (CTO) and Jayant Chauhan as its Chief Product Officer (CPO). 

In his role as CTO, Agarwal will be responsible for devising a new tech- roadmap and identifying futuristic innovations, which will enable the business to augment its customer centricity and offer its illustrious customers, a transparent and seamless experience, when purchasing or renewing insurance product through the portal.  

In his new role as CPO, Chauhan will be responsible for building innovative products continuing the company’s evolution in best practice procurement capabilities. He will also be in-charge of building innovative products as well as executing them in the most efficient manner that avail sustainable value in terms of revenue and profits for the business. He will also ensure timely upgrade and development of product in order to meet several market needs. 

Expressing delight on both the appointments, Yashish Dahiya, Co-founder & CEO, Policybazaar.com group of companies, said, “Both Rahul and Jayant have a stellar track record spanning three decades in the field of technology, product development and strategic planning. This is the kind of combination we require to continue on our northward growth trajectory. They will complement each other’s role at Policybazaar.com and lead the charge of identifying new product and tech innovation with continued consistency to serve our consumers better, which is the key ingredient of our success and catalyst to drive future growth.” 

Prior to joining the Policybazaar.com, Agarwal, served as CTO of Lava Mobile, where he was instrumental in developing the entire tech landscape of the business, which includes optimizing the benefits offered by data analytics, scaling big data system with AWS technology and creating an infrastructure to build the companies Value Added Services business, the company said in a statement.

Talking about his new role, Rahul Agarwal said, “I am excited to join Policybazaar's highly-talented team wherein insurance is not about sales, instead it is a service business. As I take on the responsibility of Chief Technology Officer at Policybazaar, my mission is to focus more on customer support in order to help them faster and resolve their issues in real time. As I embark on this new journey, my vision is to create new technologies that will not only have the potential to add value to the company but also help our users make better and faster decisions while choosing the right insurance products. I look forward to working with our customers to make them happy, deepen our relationships and drive business value ahead."

An alumni of Indian Institute of Technology – Delhi, Agarwal has had an illustrious career spanning 14 years, during which he has worked with numerous start-ups and is credited with building products and platforms in Online Real Estate, Online Education, Lead Generation, Ad networks, E-Governance and Data Analytics, clearly demonstrating his hold over matters relating to technology.

Jayant Chauhan too brings to Policybazaar.com more than 14 years of experience in building consumer centric product design and a deep knowledge of the technology industry across domains. During the course, he has worked with several marque organisations such as Airtel, Zomato, Reliance and Samsung strategizing and developing online products. He holds an integrated M.Tech degree from Indian Institute of Technology, Delhi. 

“I am delighted to be a pivotal part of Policybazaar and look forward to working towards an ecosystem where finding, buying and using the best of insurance is like clockwork. This is an exciting time for the company and as I step towards facing the opportunities and challenges that is in store for me, my vision is to leverage technology and make consumer centric product design, to empower the users and the insurance ecosystem which will help making insurance purchase much simpler and a no-brainer.”
The appointment of Rahul Agarwal and Jayant Chauhan comes on the heels of the elevation of its earlier CTO Ashish Gupta to the role of CEO of the group's new health tech venture, docprime.com.
 

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Mayur Hola appointed National Creative Director for Havas Creative

Hola replaces Nima Namchu, who moved on from the agency in November last year. His last stint was with Contract Advertising as ECD and EVP.

exchange4media Staff 23 hours ago

MayurHola

Havas Group India has appointed Mayur Hola as National Creative Director for Havas Creative, effective immediately. Hola will be closely working with Bobby Pawar, Chairman and Chief Creative Officer of Havas Group India, to lead a refreshed creative proposition by leveraging Havas Group’s integrated capabilities. 

Based out of the Gurgaon office, Hola replaces Nima Namchu, who moved on from the agency in November last year.

Having worked across agencies such as Mc cann, TBWA, and Grey, Hola’s last stint was with Contract Advertising as ECD and EVP. Leveraging expertise and experience on a variety of brands across sectors which include, Nescafe, Pan Vilas, Tata Docomo, National Geographic, Truecaller, KFC, Dominos, Droom and Truly Madly, Hola is credited with numerous award-winning campaigns, across industry forums like Effies and Abbys.

Commenting on the appointment, Bobby Pawar, Chairman and Chief Creative Officer Havas Group India, said “Mayur has got a great body of work. He is a really good creative director, people and clients want to work with him. But that is not why I picked him to be National Creative Director, for Havas, I chose to work with him because he is not afraid of venturing into the unknown, trying new things or new ways to do traditional stuff.”

Hola said, “I remember joining a business where one entered the office, walked past accounts, admin, media, servicing, health, studio, films, creative and finally the kitchen. All under one roof, working together on the brands we partnered, and then it all went to pieces, quite literally. Today we are back to that model, which is the only way forward. One which Havas has intuitively followed long before the flood. It takes a village to raise a brand and the Havas village is physically and philosophically integrated to help brands produce tech enabled, measurable work. In addition to that, having access to the Vivendi Group Companies, (UM, Dailymotion Gameloft) is super exciting. Now to make sure that the creative product looks and works as well as the promise is on paper.”

“I look forward to going back to the future, with Bobby and Rana who are so full of verve and bring with them such a positive whirlwind of change,” added Hola.

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Republic Media names Bhaskar Das as Group President, Vikas Khanchandani as Group CEO

Das has been brought into the group while Khanchandani has been elevated

exchange4media Staff 1 day ago

Republic

In a major announcement on the eve of the expansion of Republic Media Network, the network has announced the induction of Bhaskar Das as Group President and the elevation of Vikas Khanchandani as Group CEO Republic Media Network.  

Khanchandani will now assume overall responsibility of all the three network brands—Republic Television, Republic World Digital, and the upcoming Hindi News channel Republic Bharat. 

Bhaskar Das was President of The Times of India Group and Group CEO at Zee Media Network. He was also Executive President at Dainik Bhaskar Group. 

Arnab Goswami, Managing Director and Editor in Chief – Republic Media Network said, “Vikas has led the channel exceptionally from the start, up to the expansion mode. As we get set to launch Republic Bharat, I am excited he will along with Bhaskar Das see the next phase of growth and consolidation of our new age Media – Tech company. We are on the look-out for growth opportunities that are both scalable and sustainable. I look forward to partnering and growing with them.” 

Vikas Khanchandani said, “We are very excited about Dr Das joining forces with us to help scale the business at the Network. He is one of the most respected media professionals and our network will immensely benefit from his knowledge and experience. His announcement comes just after the one for Hersh Bhandari who joined us as the EVP – Revenue on Republic Bharat. With our current expansion in the management team, as a network, we are poised for growth and scale in business. We will look for opportunities, both organic and acquisitive growth, within technology and media. Republic is a disruptor brand and we will look at a global digital foray in the near future.”

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Havas Group India appoints Priyanka Mehra as Director, Marketing & Communications

A media professional with 14 years of experience in the media and marketing arena, Mehra’s last stint was at Creativeland Asia as Editor-in-chief, Content Marketing

exchange4media Staff 3 days ago

PriyankaMehra

Havas Group India has appointed Priyanka Mehra as Director- Marketing & Communications. Her appointment is in line with unifying communications across all disciplines under the Havas Group umbrella. Her remit includes working with the senior leadership in India and the regional communications team to elevate brand reputation and awareness, the company said in a statement.

Her mandate also includes key strategic tie-ups in line with the Group’s “Together” strategy, the statement said.

A media professional who leverages over 14 years of experience in the media and marketing arena, Mehra’s last stint was at Creativeland Asia as Editor-in-chief - Content Marketing. Prior to this, she was Associate Editor at exchange4media wherein she was spearheading the Group’s flagship property exchange4media.com. She was with the group in various roles for nearly six years.  Mehra also has varied experience across brand verticals, including luxury and e-commerce in content consulting, marketing and brand management.

Talking about the appointment, Bobby Pawar Chairman & Chief Creative Officer, Havas Group India, said, “The sheer length and breadth of communications at Havas collaborating with Vivendi entertainment and content platforms provide us with great marketing ammunition and Priyanka’s appointment is a step forward in showcasing our strength as a Group in the Indian market.”

Rana Barua, Group CEO, Havas Group India, said, “Given Priyanka’s understanding of content and communications, her appointment is part of a management structure that brings together all communication disciplines – creative, media, healthcare under the Havas Village umbrella. Part of her mandate will be overall communications and going forward key strategic tie -ups and initiatives given Havas Group India’s future-forward vision.”

Talking about her new role, Mehra said, “What makes Havas Group India an exciting place to be is the integrated offering across media creative and healthcare. Added to this, is the collaboration with Vivendi which includes Universal Music, GameLoft and Daily Motion, which in turn creates a unique narrative and a unique marketing force."

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Ogilvy announces key appointments to its APAC capability leadership team

Giri Jadhav, Sheilen Rathod, Ali Kazmi, and Andrew Thomas will join Ogilvy’s capability leadership team

exchange4media Staff 4 days ago

Ogilvylogo

Ogilvy has announced key appointments to its capability leadership team in the Asia-Pacific region as a next step in the agency’s transformation journey.

While Ogilvy operates now as a fully integrated business centered around client needs, developing and nurturing key specialist skills is the role of Capability Leaders. These leaders have the modern marketing skills to meet the changing needs of clients and demonstrate the depth and breadth of the expertise that exemplifies the new Ogilvy.

“Today, brands are facing unprecedented change and we must continue to evolve to meet their needs”, said Kent Wertime, Co-Chief Executive, Ogilvy Asia. “This core group of leaders reflects the diversity of Ogilvy’s offering and expertise, which is brought together holistically as innovative, integrated solutions that build our clients’ brands.”

Ogilvy’s six core global capabilities are Brand Strategy, Advertising, Customer Engagement and Commerce, PR and Influence, Digital Transformation, and Partnerships.

Giri Jadhav has been announced as the Head of Advertising in Asia. Jadhav is a long-term Ogilvy veteran who started with the network in India and has held various regional positions based out of Singapore – most recently heading the agency’s global client portfolio in the region. Jadhav will take on the important role of driving the evolution of the Advertising offering in a digital and content-driven world. He will continue to be based in Singapore.

Sheilen Rathod is taking on the leadership of Ogilvy’s Customer Experience and Commerce capabilities across Asia. This extends from his current China role in charge of this capability area. These services continue to build upon Ogilvy’s long history of data-driven one-to-one marketing services. This includes the fast-growing area of commerce and user experience marketing. Rathod is also an Ogilvy veteran, who has previously worked in Hong Kong before moving to his current posting in China. He now takes on this regional position based in Shanghai.

Ali Kazmi will head Ogilvy’s Partnerships in Asia – also an extension of his current role in China. Over the past several years, Ogilvy has developed critical relationships with a host of partners – particularly digital platforms in China (like Alibaba, and Tencent), international partners (such as Facebook, Google, and Adobe), and Asian homegrown platforms and partners. Kazmi’s role will be to build these and other partnerships and assure that clients have access to deep platform knowledge. He will take on this regional position from Shanghai.

Andrew Thomas will be taking on an increased role in developing Ogilvy’s PR and Influence offerings in the ASEAN markets. PR and Influence services also constitute a significant business for Ogilvy in Asia, and Ogilvy was recognized in last year’s Sabre awards as Asia’s leading PR Consultancy. Thomas will continue to be based in Singapore.

Jadhav, Rathod, Kazmi, and Thomas will join Ogilvy’s capability leadership already in place in the region led by Scott Kronick (PR and Influence), Benoit Wiesser (Brand Strategy), and Jerry Smith (Digital Transformation).

Digital Transformation in Asia entails enterprise-level Digital Strategy and Marketing Automation. Smith will also continue to oversee Ogilvy’s specialist digital agencies such as Verticurl, ARBA, and Pennywise; in addition to maintaining his Chief Operations Officer role for Ogilvy Asia, and his position as Chairman of Ogilvy Consulting in Asia.

“As we look to the new year, Kent and I look forward to partnering with our renewed capability leadership team to continue to meet the changing needs of our clients while also developing a pipeline of talent with the modern marketing skills needed to take Ogilvy into the future” added Chris Reitermann, Co-Chief Executive, Ogilvy Asia.

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HUL spent Rs 3445 cr on advertising from April to Dec of 2018

Its net profit has gone up by 9 per cent year-on-year to Rs 1,444 crore for quarter ended December 31, 2018

exchange4media Staff 4 days ago

HUL

Hindustan Unilever Ltd’s (HUL) reported a 14.6 per cent Y-o-Y growth in advertising spend over 2017 for the nine month period ended December 31, 2018. The company spent Rs 3,445 cr on advertising and promotional activities during the period. The company spent Rs 1186 cr on advertising during the third quarter of the financial year. The quartely spend was up by only around 7 per cent over 2017.

The company's quarterly profit has risen at its slowest pace in more than a year, in line with the expectations of analysts. Its net profit has gone up by 9 per cent year-on-year to Rs 1,444 crore in the quarter ended December. The consumer goods firm had paid Rs 510 crore taxes during the period as compared with Rs 297 crore a year ago. 

The company’s revenue rose 11.3 per cent on a yearly basis to Rs 9,558 crore, compared to the Rs 9,447 crore estimate. The volumes rose 10 per cent as per the forecast by analysts. The company has reported double-digit volume growth for the fifth straight quarter. 

The operating income has increased 21.8 per cent year-on-year to Rs 2,046 crore. 

“Mixed improvement and operating leverage contributed to the margin expansion,” Chief Financial Officer Srinivas Pathak was reported as saying. “The consumer demand was stable during the quarter. The rural demand is ahead of the urban,” Pathak said recently. 

The company has said that its near-term demand outlook looked stable. Pathak said the macroeconomic factors would be monitored to keep a track of consumer demand and costs. “Our focus is on volume-driven growth and improvement in operating margin,” he said.

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Annette Male named APAC CEO of Wunderman Thompson

Male will join WPP from Publicis Groupe where she was the Chief Executive Officer of Digitas APAC

exchange4media Staff 4 days ago

Male

WPP has announced the appointment of Annette Male as the APAC CEO of the newly formed Wunderman Thompson agency, according to media reports. Male will join WPP from Publicis Groupe where she was the Chief Executive Officer of Digitas APAC.


In this new role, Male will be responsible for all North Asian and South East Asian markets. Male will report to Wunderman Thompson Global CEO Mel Edwards.

Some media reports quoted Edwards as saying that APAC is a key growth market for Wunderman Thompson, and that they couldn’t be more delighted to have Male leading their team.

Wunderman Thompson has been created by the merger of J. Walter Thompson and Wunderman. J. Walter Thompson was led in APAC by John Gutteridge, who will now take up a new role leading the newly formed group as Chief Executive Officer of Wunderman Thompson in the AUNZ region. Caspar Schlickum, who was running Wunderman as Chief Executive Officer of APAC, will not be continuing with the company.

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WPP named in Bloomberg’s 2019 gender-equality index

The gender-equality index identifies companies committed to advancing women in the workplace

exchange4media Staff 4 days ago

WPP

WPP has been named an industry leader in the 2019 Bloomberg Gender-Equality Index (GEI) which recognises companies committed to transparency in gender reporting and advancing women’s equality.

Bloomberg’s 2019 index includes 230 firms from 10 sectors, headquartered across 36 countries and regions. Assessing information against a globally-established threshold, the GEI looks at how companies promote gender equality across four separate areas: company statistics, policies, community engagement and products and services.

WPP is the only company among its peers to be included in the list.

Mark Read, CEO of WPP, said, “As we continue to build a culture at WPP that is inclusive, collaborative and diverse in our talent and in the work we create, we’re proud to be recognised in the Gender-Equality Index as a leader in our industry.”

Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the US 30% Club, said, “WPP’s GEI inclusion is a strong indicator to its employees, investors and industry peers alike that it is leading by example to advance ongoing efforts for a truly inclusive workplace.”

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