MAM
Madison Media Infinity
Madison Media Infinity is headed by Ajit Varghese in the capacity of CEO. Based out of Mumbai, Varghese looks after the Bangalore office of Madison Media as well. He reports to Madison Media Group CEO Punitha Arumugham.
Clients
Mumbai: Marico, Coca Cola, Dominos, McDonalds, BenQ.
Bangalore: TVS, Tata Tea, IBF, Acer, Indo Nissin.
Madison Media Infinity has a total of 45 – 50 in odd professional across the Mumbai and Bangalore offices. All big accounts have a dedicated team, which focuses on that particular account. In Mumbai, the big accounts are handled by a group of six – eight planners, who are led by an account director. Madison Media Infinity has an overall buying head in Jayalala and hence the agency has central buying support.
When the agency’s client – Coca Cola shifted it headquarters to Delhi recently, the account director who serviced the client, also moved to Delhi. However, this account still falls under Madison Media Infinity and not Madison Media Plus, which is based out of Delhi.
Varghese, who has been with the agency for the last six years, is of the opinion that the reason behind launching the sub-brands was not essentially to go after conflicting clients. “Madison does handle some amount of conflicting clients, but if we had to pitch for a conflicting business, we would first ask our client in the same category, whether it was ok with them. Only if we get a go-ahead from them, do we pitch for the business,” says Varghese.
The strengths of the agency, according to him, are:
The ethics and integrity of the team
Complete and dedicated client focus
Adapting to the ever changing media environment
360 degree offering with its divisions: Madison Creative, MOMS, Mates, MMRC, Madison PR, MRP
Brands
Kotak Mahindra Bank appoints Ramesh Iyer to board
Veteran financier replaces Ashok Gulati, who retires in March
MUMBAI: Kotak Mahindra Bank has announced a change to its board of directors, with independent director Ashok Gulati set to retire at the end of his term on 5 March.
The company said it has appointed Ramesh Ganesh Iyer as an additional and independent director for a four-year term, effective 17 February, subject to shareholder approval.
Iyer brings more than four decades of experience in financial services. He spent much of his career at Mahindra & Mahindra Financial Services, where he served as vice chairman and managing director before taking on the role of president for the financial services sector and member of the group executive board at Mahindra & Mahindra. He retired from the group in April 2024.
During his tenure, Iyer was instrumental in expanding rural and inclusive finance initiatives, scaling the company’s assets and customer base. He also led the creation of subsidiaries in rural housing finance, insurance broking and asset management, and oversaw international joint ventures.
Iyer holds a commerce degree and a doctorate of letters, and currently serves on the boards of several listed and unlisted companies.
The board meeting approving the changes was held in Mumbai on February 17 between 6.30 pm and 6.50 pm.
