MAM
Publicis Media India makes key restructure and appointments
MUMBAI: Publicis Media today unveiled structure and leadership appointments for its organisation, as announced Publicis Media, India CEO Anupriya Acharya. As per the announcement,
Mallikarjun Das (Malli) has been appointed Group CEO of Starcom India. His team will include Sarfaraz Khimani, Co-CEO Performics.Convonix, Pallav Jain, Co-CEO Performics.Convonix, Basabdatta Chowdhuri who now takes on the role of national COO, Starcom India.
Furthermore, Tanmay Mohanty has been appointed as Zenith India Group CEO., with Performics.Resultrix MD Mayoori Kango in his team.
“One of the greatest strengths of our new organization in India is its team of leaders, all of which have proven track records within our system. They have been integral in accomplishing what we have in the last 2-3 years and now committed to setting strategy and charting the course for the new organization,” Acharya said.
She added, “The new structure that follows the framework of the global vision is fully equipped to fit the future and best serve our clients. It is a fresh opportunity to simplify our organisation, invent more modern approaches to gain effectiveness and efficiency, introduce structures for greater collaboration, and drive new levels of client value and delight”.
Publicis Media, India will consolidate its agency brands: Starcom Mediavest, Zenith Optimedia, Equinox, Performics, Convonix, Resultrix, Ninah, Newcast into four agency brands that are in line with the global structure, namely: Starcom , Zenith, Mediavest | Spark, Optimedia | Blue 449
In this new model, the agency network names of Starcom Mediavest Group and ZenithOptimedia Group are retired to better enable a flatter organisational structure. VivaKi capabilities will be fully integrated into Publicis Media’s Global Practice model. Performics will remain Publicis Media’s global performance marketing brand and scale within all agency brands.
Apart from the two CEO appointments for Starcom India and Zenith India, other key appointments the media agency giant announced are as follows
Dnyanada Chaudhari will lead Publicis Media Exchange
Santosh Ghosh will lead Data, Technology & Innovation
Aarti Bharadwaj will lead Analytics, Research & Insight
Gautham Pingali will lead Business Transformation and Content
Communications will be led by Anushree Chandran.
At a Publicis Media India level, Rajesh Viswanathan is appointed Chief Financial Officer, Saswati Sinha is appointed Chief Talent Officer.
Starcom Chairman Hanley King has moved on to a global role within Publicis Media, his role is taken over by Malli
Zenith Managing Director Hari Krishnan is also moving on to pursue other opportunities. Comments Anupriya, “We thank Hari for all his contributions and wish him the best. Another key appointment in Zenith, under Tanmay’s leadership will be announced in due course.”
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Before starting a SIP:
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FAQs
Are SIPs better than one-time investing?
Equity markets tend to be volatile. Hence, SIP offers the benefit of rupee cost averaging. This ensures that you get more units when the markets fall and less units when it rises, thereby averaging the cost per unit of your investment. In fact, SIP may reduce the risk of timing the market so that your investment can benefit from volatile markets.
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Should I pause my SIP when market is falling?
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How much amount should I invest through SIP?
The SIP amount should reflect your goals. Minimum investment amount to start a SIP may vary across Fund Houses.
What should be the ideal SIP date every month?
You can start a SIP on any day of the month, depending on the available options that vary across fund houses.
How long should I continue my SIP Investment?
Start an SIP with a financial goal in mind like buying a car or higher education of your child. The time to fulfil your financial goal should be the tenure of your SIP.
Can I make changes in my SIP investment later?
You can change the date of debit and frequency, modify the SIP amount, and also pause or stop your SIP, depending on the available options that vary across fund houses.
How do I begin?
Where you invest depends on your risk profile and investment horizon. You should consult a trusted financial advisor who can help you invest to plan for your life goals.
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Decide your financial goal and the amount of money you need to achieve it. Then, you can use a SIP calculator to find out the amount you will need to invest regularly to meet your financial goal.
Disclaimer:
1Past performance may or may not be sustained in future and is not a guarantee of any future returns.
Mutual Funds do not have a fixed rate of return and it is not possible to predict the rate of return.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
This is part of an investor education and awareness initiative by PGIM India Mutual Fund.
