MAM
Lowe Lintas’ Balki shows how to do an advertising award
MUMBAI: Trust the man with the beard to do it differently. 10 years ago, the creative guru and the current Lowe Lintas chairman & chief creative officer R. Balki took a decision to put a full stop to his agency‘s participation in the advertising industry awards. But even he knows creatives have this innate desire to be patted on their backs for good creatives and advertising that they have slogged to create over zillions of cups of chai, ciggies and sometimes rum and coke or single malt scotch.
Hence, to keep those in his agency in good cheer he created his own internal awards gig calling it
‘The True Show‘ way back in 2003. And the agency has been putting it together randomly once every few years; whenever it thinks the time is right. The first was in 2003, the next in 2005, the third in 2008 and finally the last one which was held last night at the Shangri La Hotel in Central Mumbai.
At the fourth True Show, Balki made an appearance with his lovely and talented wife Gauri Shinde accompanying him as he entered the venue. And he quickly got down to the business for the evening.
R Balki chairman and CCO of Lowe Lintas strikes a pose
He was pretty blunt when he spoke: “I don‘t give a damn for awards shows. Awards are just an excuse to drink and have fun and they change no one‘s lives. True Show is not about awarding our self it‘s about awarding good work.”
And indeed it was time to down a pint or two. Instead of the usual trophies, Balki handed out bottles of wine to each of the winners onstage. He even went as far as forcing them to down a few shots before letting them go. Post their pumping their fists in the air, they returned their bottles back, for each to be handed over to the next winner.
Balki obviously was in good spirits and hence it was strange to see some vets like DDB Mudra chairman & CCO Sonal Dabral shying away from receiving their bottle of wine. Ditto with ‘Vicky Donor‘ director Shoojit Sircar, who was recognised for his film for Gujarat Tourism with Amitabh Bachchan. Both had to be pushed by their former colleagues on to the stage. They were not from Lowe, but from other agencies, and there only to have a good time.
Prasoon Joshi and R Balki – ‘The True Showmen‘
Of course, old friends like Bang-Bang Films‘ Roopak Saluja, BBDO India‘s Josy Paul, Lodestar‘s Shashi Sinha, Axis Bank‘s Shikha Sharma, Leo Burnett‘s K.V. Sridhar, McCann Erickson‘s Prasoon Joshi, O&M‘s Madhukar Sabnavis and Abhijit Avasthi, Taproot‘s Agnello Dias, Draft FCBUka‘s KC Chakravarthy ‘Chax‘ were all there to take part in the party. And clients like Rajiv Bajaj of Bajaj Auto, HUL‘s Nitin Paranjpe, among others.
Rajeev Bajaj and K V Sridhar in conversation
Leo Burnett India CCO K.V. Sridhar was full of praise for Balki‘s effort. Speaking to indiantelevision.com he said: “True Show is true to the personality of Lintas and Balki. At the end of the day, it is all about celebrating good work. Unless you care about the work done by you the world will not.”
Way to go Balki!
Here‘s a list of those who got a chance to take home a bottle wine and were forced to down shots by Balki:-
| True Craft Awards |
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|---|---|---|---|---|---|---|
| True Show Talent | Anupam & Urfee | |||||
| True Show Best Editor | Ad: Axis Bank – Shekhar | |||||
| Work that we truly envy | Ogilvy and Mather – The Hindu | |||||
| Work that we truly envy for craft |
Shoojit Sircar for directing the TVCs for Gujarat Tourism |
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| Work that we truly envy | Ad: Big Bazaar – Mudra | |||||
| True Simplicity | Ad: Havells Idli – Sriram Iyer & Team | |||||
| True Activation Idea | Ad: Tata Tea Jaago re campaign, Chotti Shuruvat | |||||
| Best Continuing campaign |
Ad: Surf Excel |
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| True Brand Portfolio |
Ad: Tanishq |
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| Blockbuster of the year | Ad: Idea Honey Bunny campaign | |||||
| True Idea |
|
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| Truly Special Award | Ad: Lifebuoy Gondappa |
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
