MAM
Man Jit Singh re-elected IBF president
MUMBAI: The 14 annual general meeting (AGM) of the IBF took place late yesterday in Mumbai, proceeding which multi screen media (MSM) CEO Man Jit Singh was re-elected as the president of the foundation for the year 2013-14.
Discovery Networks Sr VP and GM south Asia Rahul Johri has been elevated as the new vice-president along with existing vice-presidents Zeel MD and CEO Punit Goenka as well as India TV chairman and editor in chief Rajat Sharma. Times Television Network (TTN) CEO Sunil Lulla is the new IBF treasurer.
On his re-appointment Singh said “I am delighted that my industry colleagues continue to have faith in me to guide the IBF. The last year has been very eventful for our industry with digitisation phases I and II, considerable progress on a new measurement system under BARC, and a shift from TRPs to TVTs. Substantial challenges continue in the current year. We need to build on the success of content regulation, continue the process of digitisation and work collaboratively with the broader industry.”
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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.
