Mike
Khanna to retire from JWT- will be Chairman Emeritus
New Delhi: Mike Khanna, Chief Executive Officer,
JWT India and Area Director, Central Asia, will be retiring
and is being appointed as Chairman Emeritus with effect
from January 2005. Colvyn Harris, currently President
of Contract Advertising India, is being promoted to the
top job at JWT.
Khanna has been at the helm of the advertising agency
for the last 20 years, while Harris has been with the
group for 24 years in several leadership positions both
internationally and in India, with JWT and with Contract
Advertising. Meanwhile, Jagdip Bakshi, currently the Senior
Vice-President and General Manager of JWT Delhi, is being
promoted as CEO of Contract Advertising.
Among other top-level changes, Kamal Oberoi, currently
President of JWT India, will become the Chairman of the
Group's new venture to be announced later this year. Rohit
Ohri, currently Senior Vice-President and Area Director
Pepsi, will replace Bakshi as General Manager of JWT Delhi.
Highlighting the importance of the Indian operations,
officials will now report to Patrick Pitcher, Area Director,
JWT Asia Pacific South, which will comprise 14 countries,
including India, Central Asia, South East Asia and Australia.
Both Harris and Bakshi will be appointed to the new Asia
Pacific Executive Board, consisting of top executives
from around the region.
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Zain
Raj is marketing chief at Euro RSCG Chicago
Chennai: Zain Raj, who began his career at Grey
Advertising, Mumbai, has been appointed Executive Vice-President
and Chief Marketing Officer of Euro RSCG Chicago.
He will partner with Ron Bess, Euro RSCG Chicago CEO,
and Chief Creative Officer Steffan Postaer in leading
the Chicago-based agencies and the North America group
of companies.
Raj will be responsible for providing strategic marketing
counsel for all clients of the Chicago-based agencies
as well as the Euro RSCG marketing services companies
located in Atlanta, Danbury, Dallas, Portland, Carlsbad
and Toronto.
Raj, was President and CEO of BrandXP, a brand and marketing
consultancy, before joining Euro.
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Reliance
reshuffles Trevira board
Mumbai: The Reliance Group has announced a new
management team for Trevira GmbH which it acquired from
Deutsche Bank AG earlier this year for 80 million euros
(around Rs.450 crore).
The ownership of Trevira was transferred to Reliance Industries
Ltd (RIL) on August 11, following the European Commission
approving the acquisition.
A new supervisory board has been set with Subodh Sapra,
President, Polyester Sector, RIL as Chairman. The other
members of the board are Gunther Gunzenheimer and Hans-Joachim
Becker. Hereafter the supervisory board will oversee the
functions of the Trevira management board.
Bernd Sassenrath, who has been retained as the Chief Executive
Officer would lead the management board of the newly acquired
RIL group company. The other directors in the management
team are Jurgen Muth, Dr Jurgen Idzko and Hemant Sharma.
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Punit
Goenka to head Zee Sports
Mumbai: Zee Telefilms Ltd (ZTL) has announced that
Zee Sports will be headed by Punit Goenka, CEO and full-time
President of ASC Enterprises Ltd.
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Bajaj
Auto inducts three new directors
Pune: Bajaj Auto Ltd has inducted three additional
directors onto its board. With this, the strength of its
board has gone up from 12 to 15, according to an official
communication from the company.
The inducted members are Tarun Das, former Director General
of CII and also Non-Executive Chairman of the Associated
Cement Companies Ltd, and Haldia Petro-chemicals Ltd;
Manish Kejriwal, till recently a partner in McKinsey and
Company and currently Managing Director of Temasek Holdings
Advisors India Pvt Ltd; and Sanjiv Bajaj, Executive Director
of the company.
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New
retail head for Centurion Bank
Mumbai: Centurion Bank has appointed Harpreet Singh
as the Head of Branch Banking and Wealth Management Services,
said a press release.
Singh joins Centurion Bank from Tata Teleservices, where
he was the Head of Direct Business. He will be responsible
for retail business profitability, wealth management services,
customer service and mortgage products.
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