MAM
Networkplay appoints Ampreet Singh as CEO
MUMBAI: Gruner + Jahr (G+J) has appointed Ampreet Singh as the CEO of Networkplay with immediate effect as Networkplay founder and CEO Rammohan Sundaram exited the company by mutual agreement.
Singh will continue his current duties as Ad:Tech vice president distribution and client servicing and production director India at Networkplay in addition to his new role.
Sundaram set up Network play in 2008 and will continue to be advisor to the NetworkPlay Board and also continue to be the chairman for ad:tech India. His last day at Networkplay was 31 October.
Singh has been with Networkplay since its early days. Before becoming a co-founder of Networkplay, Singh worked with Nokia Interactive Advertising, Yahoo India, Tribal DDB in leadership positions and has expertise in the digital space. In his new role as CEO, Singh will be responsible for the overall strategy and direction of Networkplay‘s business.
Gruner+Jahr International president Torsten-Jörn Klein said, “I thank Rammohan Sundaram for his outstanding commitment and excellent work. With truly entrepreneurial spirit, he has successfully established Networkplay and turned it into India‘s fastest growing digital ad network. I wish him all the best for his personal and professional future. At the same time, I am very happy to welcome Ampreet as CEO on board. With Ampreet Singh, we have found an outstanding executive who is not only very familiar with Networkplay, but also has great expertise in the Indian digital advertising space. I am convinced that he will successfully manage the Networkplay business and its offerings across all channels and wish him good luck and every success in the challenges ahead.”
Sundaram said, “It has been my pleasure to have established and brought up Networkplay for the last four years and I leave the company today in position for a strong future. I am exiting NetworkPlay on a high as its founder CEO and managing director and passing the baton to my colleague Ampreet Singh. “
Singh said, “I have been with Networkplay from the beginning and am proud to be part of such a promising company with still further great potential ahead. Backed by G+J‘s long-term commitment to the Indian market, I look forward to the task of leading Networkplay into a bright future – across all digital channels – and with all of our great Networkplay colleagues.”
In March 2012 G+J, the publishing division of European media conglomerate Bertelsmann AG, acquired a majority stake in Networkplay, India‘s fastest growing digital ad network with presence on internet, mobile, event and DTH platforms.
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
