MAM
Awarded adman Prasoon Joshi is new CBFC chief, Pahlaj Nihalani exits
NEW DELHI: Renowned lyricist and senior adman Prasoon Joshi has been appointed chairman of the Central Board of Film Certification with immediate effect.
An official order said Joshi was being appointed chairperson of the CBFC in an honorary capacity from 11 August 2017 for a period of three years or until further orders, whichever is earlier in exercise of the powers conferred by sub-section (1) of section 3 of the Cinematograph Act 1952 read with rule 3 of the Cinematograph (Certification) Rules 1983.
This marks the exit of filmmaker Pahlaj Nihalani who was embroiled in several controversies during his tenure.
Joshi is the CEO of McCann World group India and Chairman (Asia Pacific), a subsidiary of global marketing firm McCann Erickson.
Prasoon has received the Filmfare Best Lyricist Award three times, in 2007 and 2008 and again in 2014 for the Hindi movie Bhaag Milkha Bhaag. He has also received the National Film Award for Best Lyrics twice, for his work in Taare Zameen Par (2007), and Chittagong (2013).He was awarded Padma Shri by the Government in 2015 for his contributions towards the field of Arts, Literature and Advertising.
Born on 16 September 1971, he started his career with Ogilvy & Mather in Delhi. He worked there for 10 years and eventually became the executive creative director of the Mumbai office. In early 2002, he joined McCann-Erickson as executive vice-president and national creative director. By 2006, he was regional creative director for South and South East Asia. In December 2006 he was promoted to executive chairman for McCann Worldgroup India and regional creative director for Asia Pacific
Joshi created advertising campaigns for NDTV India (Sach dikhate hain hum), Saffola (Abhi to main Bhaag Milkha Bhaag.jawan hoon) LG, Marico, Perfetti (Alpenliebe, Chlormint), and the Cannes-winning Thanda matlab Coca-Cola campaign with Aamir Khan. His Happydent television commercial was listed by Bob Garfield of AdvertisingAge as one of his personal choices for the Cannes Gold in 2007, and it was chosen by a Gunn Report poll as one of the 20 best ads of the 21st century.
He also wrote the lyrics for CNN IBN’s advertising jingle “India Rising’ and Coke’s Ummeed wali dhoop.
In cinema, he made his debut as film lyricist with Rajkumar Santoshi’s Lajja, a critical and commercial success, and this soon led to Yash Chopra’s Hum Tum and a string of highly successful Bollywood films like Fanaa, Rang De Basanti, Taare Zameen Par, Black and Delhi 6. With Rang De Basanti (2006), he also became a dialogue writer.
He won the Filmfare Best Lyricist Award for “Chand Sifarish” from the film Fanaa in 2007 and for “Maa” from Taare Zameen Par in 2008. He has won the prestigious National Award twice. The first for his work in Taare Zameen Par and the second one in 2013 for Chittagong.
He had also written the script for the award-winning 2014 film Bhaag Milkha Bhaag.
He started writing early in life and published his first book at age 17, Main Aur Woh, a ‘conversation with himself’, inspired by Frederich Nietzsche’s Thus Spake Zarathustra. Two more books followed, establishing him as an author.
His latest book, Sunshine Lanes, a collection of his songs, was launched at the Jaipur Literature Festival in January 2013.
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.
