Brands
Media & Society Foundation to launch ISAS BC 9001
MUMBAI: The Geneva-based Media and Society Foundation is launching a new quality management standard for the international broadcasting industry.
A company release informs that the standard, known as ISAS BC 9001 has been adapted to the broadcasting industry from the well-established ISO 9001standard. In less than a decade, the ISO standard has succeeded in certifying 550,000 companies across160 countries.
The release adds that the new standard ISAS BC 9001 will measure the degree to which broadcasting companies meet both ISO 9001 and the industry-specific criteria. They include:
– Satisfaction of viewers/listeners
– Quality and accuracy of information
– Quality and diversity of other types of programming
– Innovation and creativity
– Editorial independence and transparency of management
ISAS BC 9001 claims to have set specific objectives for each of these criteria. Any broadcast organization that aims to meet these standards may apply to be audited by independent, accredited professionals. The certification process claims to be entirely voluntary and depends on the free choice of the broadcasters.
Certimedia will conduct the certification process. It will operate under the guidance and moral authority of the Media and Society Foundation.
Following a successful audit, the foundation will deliver a certificate of conformity. This will be valid for three years and will have an annual conformity check.
The company added that the benefits to the broadcasters would include greater accountability to listeners and viewers and thus greater credibility towards the advertisers. The certification would also enable broadcasters to save production costs.
Visit www.certimedia.org for further information on ISAS BC9001.
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.
