MAM
GroupM cos appoint new leaders in India, south and north Asia
MUMBAI: Tim Castree, Global CEO of MEC and CEO of “NewCo”, has announced that Kartik Sharma has been named as Managing Director of the new media, content and technology agency in India and South Asia when it launches in January 2018. Kartik has been Managing Director of Maxus South Asia since 2014 and in that time, has led the agency to outstanding new business growth and success.
Tim Castree commented: “We’re creating a brand new billion-dollar revenue media, content and technology agency, dubbed ‘NewCo’ for now. With such ambition, comes a need for brilliant talent to lead and inspire, and so today’s news is very exciting for us. Under Kartik’s leadership, I am confident that we will have the right team in place to truly make NewCo a formidable future-facing agency in India and South Asia.” Kartik will report to GroupM South Asia CEO, CVL Srinivas and Tim Castree.
Following GroupM’s recent commitment to adding offline media capabilities, an expanded geographic footprint and an influx of talent to the agency, Christian Juhl, global CEO of Essence, a global digital-first agency, today announced that T. Gangadhar, current Managing Director of MEC South Asia, will transition into the new role of Chairman of India and Managing Director of North Asia, Essence. Gangadhar will report into Kyoko Matsushita, CEO of Essence APAC. He will continue to be based in Mumbai.
Anand Chakravarthy, who has served as Managing Partner at Maxus India since 2015, will be transitioning into the role of Managing Director of Essence India. Chakravarthy will report into both Gangadhar and Matsushita and will work closely with the regional leadership in his new role.
Both Gangadhar and Chakravarthy will assume their new roles by January 2018. The Essence teams will be strongly supported by the GroupM network as they look to expand their presence in market. Christian Juhl commented: “India is such an important market for so many of our clients whose business challenges we work tirelessly to solve. Essence has built its credibility on being a data-centric agency that infuses technology and measurement across all media. We’re excited to expand our geographic footprint and apply our unique approach for our global clients looking for relevance in India. Gangadhar and Anand are experienced leaders who will help expand our presence.”
Brands
SBI General Insurance appoints Shrish Mahuli as chief business officer
Industry veteran with 24 years’ experience to drive growth and distribution
MUMBAI: SBI General Insurance has appointed Shrish Ramchandra Mahuli as chief business officer, strengthening its leadership team as it looks to accelerate growth and deepen market reach.
In his new role, Mahuli will oversee the company’s overall business strategy, expand distribution channels and drive customer-focused growth initiatives across key markets. The move comes as the insurer sharpens its focus on profitable growth and enhanced customer engagement.
Mahuli brings over 24 years of experience across the insurance and automotive sectors. He has previously held leadership roles at Reliance General Insurance, ICICI Lombard General Insurance and Tata Motors, where he worked on scaling businesses and strengthening distribution networks.
SBI General Insurance managing director and CEO Naveen Chandra Jha said, “We are delighted to welcome Mr Mahuli at a time when the industry is witnessing strong momentum driven by rising awareness and evolving customer needs. His deep domain expertise and proven leadership will be instrumental in strengthening our distribution footprint and driving profitable growth.”
SBI General Insurance chief business officer Shrish Ramchandra Mahuli said, “I am pleased to join SBI General Insurance at a time when the industry is evolving rapidly. I look forward to working with the team to further strengthen the business and drive sustainable growth.”
The appointment underlines the company’s push to build leadership depth and deliver more accessible, customer-centric insurance solutions in a rapidly evolving market.
