MAM
Punitha bids adieu to Madison, to join Google
MUMBAI: Madison Media group CEO Punitha Arumugam has decided to move on after a 13-year stint with the company.
Arumugam will be joining Google as VP-agency and advertiser relations soon.
A highly placed source has confirmed the development to Indiantelevision.com. “Sam (Balsara, chairman and MD of Madison World) has sent the mail today telling us about Punitha’s leaving the company,” the executive said on condition of anonymity.
Arumugam will be serving her notice period till March. She had joined Madison in January 1999 as media services director and then moved up to become COO in 2001.
She was named as chief executive officer of Madison Media West in 2003.
At Madison, she handled clients like Kinetic, the Essel Group, P&G, Godrej and BPL.
Prior to Madison, she has also worked with O&M and Lintas Chennai/Bangalore.
Arumugam was unavailable for comment till the filing of this report.
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.
In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.
A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.
Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.
Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.
Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
