MAM
McDonald’s prepares to ‘Go Active!’ for Olympics
MUMBAI: There are less than 100 days to go before the biggest sporting spectacle of the year – the Olympic Games in Athens kicks off. Fast food major McDonald’s which is the events official restaurant is preparing to Go Active! with a variety of Olympic initiatives showcasing the company’s ongoing commitment to balanced, active lifestyles and the spirit and ideals of the Olympic Games.
It will launch a global advertising campaign in this regard. They will include TVCs featuring athletes like basketball star Yao Ming.
McDonald’s outlets around the world will offer a combination of special restaurant promotions and Olympic-themed advertising and packaging to celebrate Games. Sixteen countries throughout Europe, including Greece, will feature a Go Active! Adult Happy Meal programme. This will offer a Premium Salad, bottled water and stepometer during the Olympic Games time period McDonald’s Australia McDonald’s Japan will come up with an Olympic-themed game featuring instant-win and premium prizes. In China McDonald’s will offer an Olympic-themed promotion Gold Medal Selections.
McDonald’s became an official sponsor of the Olympic Games in 1976. During the Games, McDonald’s expects to serve more than 230,000 Big Mac sandwiches, 400,000 servings of French Fries, 220,000 orders of Chicken McNuggets and 100,000 Premium Salads.
Brands
Kotak Mahindra Bank appoints Ramesh Iyer to board
Veteran financier replaces Ashok Gulati, who retires in March
MUMBAI: Kotak Mahindra Bank has announced a change to its board of directors, with independent director Ashok Gulati set to retire at the end of his term on 5 March.
The company said it has appointed Ramesh Ganesh Iyer as an additional and independent director for a four-year term, effective 17 February, subject to shareholder approval.
Iyer brings more than four decades of experience in financial services. He spent much of his career at Mahindra & Mahindra Financial Services, where he served as vice chairman and managing director before taking on the role of president for the financial services sector and member of the group executive board at Mahindra & Mahindra. He retired from the group in April 2024.
During his tenure, Iyer was instrumental in expanding rural and inclusive finance initiatives, scaling the company’s assets and customer base. He also led the creation of subsidiaries in rural housing finance, insurance broking and asset management, and oversaw international joint ventures.
Iyer holds a commerce degree and a doctorate of letters, and currently serves on the boards of several listed and unlisted companies.
The board meeting approving the changes was held in Mumbai on February 17 between 6.30 pm and 6.50 pm.
