MAM
JWT strengthens key team; appoints Bobby Pawar
MUMBAI: Bobby Pawar is joining JWT India as chief creative officer and managing partner. Currently he is with Mudra Group serving as chief creative officer.
Confirming the development to Indiantelevision.com, Pawar said, “It has been a great journey at Mudra.”
This is first high-level exit from the Mudra Group, post acquisition by Omnicom.
In October, US-based advertising giant Omnicom had acquired majority stake in Mudra Group in a bid to significantly expand its service capabilities and presence in India.
On his moving to JWT, Pawar said, “I like to take challenges and its not that I was not happy at Mudra. Mudra is one of the top agencies and so is JWT.”
Pawar, who was with Mudra for over four years, will be joining JWT in a couple of months.
On Pawar‘s appointment, JWT India CEO Colvyn Harris said, “We are glad that Bobby is joining us. He will partner me and help me deliver our creative vision. We are making appointments at senior level and we are making sure that we choose the best ones from the industry.”
JWT is building up its key team. The agency appointed Tribal DDB‘s Max Hegerman as head of digital in October. It also hired DraftFCB‘s COO Sanjeev Bhargava as managing partner and head- JWT Delhi recently.
One of the country‘s top creative agencies, JWT handles accounts of Nokia, Airtel, Nestle, Fritolays, Sony Viao, GSK and Pizzahut.
“Delhi is the largest operating unit in the country. We have 7 people above the level of vice president. Our approach is to make multi-level appointments,” added Harris.
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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.
