Brands
Everybody loves the Amul girl!
MUMBAI: April was an eventful month or so for Amul, the iconic brand marketed by Gujarat Cooperative Milk Marketing Federation (GCMMF).
On the one hand, GCMMF crossed Rs 18,000 crore in 2013-14; a jump of 32 per cent from the previous year, apart from posting the fastest growth ever for a four decade-old dairy cooperative. On the other hand however, Amul has been served legal notice by the Sahara Group for its hoarding ‘Besahara Parivar’ where Sahara employees are shown begging to collect Rs 5,000 crore for group chief Subrata Roy’s bail.
Indeed, Amul has built a reputation for its witty but unflinching stance on a wide range of issues of national importance. At the same time, it has also come under fire for force-fitting itself. Indiantelevision spoke to some industry experts for their views on the Amul brand of marketing.
“Amul advertising is today iconic in its genre. A powerful set of topical creatives gives this brand high scale visibility across a relatively small set of hoardings and selective print vehicles across the country. It can be noted that sometimes, due to the pressure of wanting new creatives, the brand has been force-fitting itself. I do believe it needs to set a standard that it will not fall below,” said Harish Bijoor Consults CEO and brand expert Harish Bijoor. According to him, the creative around the Sahara Group is a terrific one, as usual. “The brand is used to receiving legal notices I am sure. This is all part of the game”, he said.
Tata Housing head of marketing services Rajeeb Dash, pointed out that Amul has always rolled out ads that are a break-through of sorts. “Sometimes, taking a strong stance helps brands create break-through via communication strategies. Amul seems to have taken that route since a while.”
Curry-Nation founder Priti Nair, expressed the view, “Amul usually puns on something and connects it to the butter. Sometimes good, sometimes not so good. I don’t think this deserves a legal notice.” For Nair, the hoardings are iconic. “Amul as a brand has used a spin on current happenings as its communication strategy. Be it other brands or cricket or politics or Bollywood. Whatever is in the news and has eyeballs, Amul always does a spin on that and nobody minds cause it is always in good spirit.”
One thing that came across was that the fraternity loves the li’l Amul girl and everything about her. No matter the challenges, she looks set to win hearts…
Brands
YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
