MAM
Vinit Karnik leads groupm’s unified content & sport division expansion
Mumbai: groupm has announced the consolidation of its Content, Sports, and Entertainment divisions into a new entity, groupm Content and Sport. This move aims to enhance the company’s capabilities in these sectors. Vinit Karnik has been promoted to Managing Director for Content, Entertainment, and Sports at groupm India and will lead this integrated offering.
This consolidation will provide groupm clients with access to premium content opportunities in the Indian market, allowing marketers to improve brand engagement through culturally relevant initiatives.
Vinit Karnik, now managing director of content, entertainment, and sports for groupm India, will drive the unified strategy, utilizing GroupM’s scale, expertise, and technology in these areas. Supporting him will be Ajay Mehta, formerly head of Content for Mindshare, and Subhamoy Das, who will lead the Content and Sports verticals respectively.
According to groupm South Asia, CEO, Prasanth Kumar, this move is part of the company’s business transformation to promote growth and innovation by unifying teams and capabilities. He believes this step will help clients align their brand objectives with consumer interests more effectively.
Vinit Karnik stated that the integration of these divisions will create holistic experiences for clients’ brands, focusing on advanced analytics, data-driven strategies, innovative content creation, and strategic partnerships to enhance engagement and brand value.
Brands
JP Morgan names Rahul Badhwar as senior country officer for India
HSBC veteran to drive growth and strategy as US bank strengthens India presence
MUMBAI: JP Morgan has appointed Rahul Badhwar as its senior country officer for India, signalling a renewed push in one of Asia Pacific’s most critical markets.
Badhwar, who joins from UK-based HSBC, brings three decades of experience in sales and trading, most recently serving as global head of corporate sales for markets and securities services in London. His career spans stints in India, Dubai and Hong Kong, giving him a strong international perspective.
He will replace Kaustubh Kulkarni, who left JP Morgan in September 2025 to join rival Citigroup. Badhwar will be based in Mumbai from July, report to Leenart, and join JP Morgan’s Asia Pacific Management Committee.
According to an internal memo reviewed by PTI, Badhwar’s responsibilities include expanding the bank’s full suite of offerings to clients, strengthening governance and controls, and supporting talent development and community initiatives.
JP Morgan operates across trade solutions, investment banking, and equity capital markets in India, employing more than 55,000 people nationwide. Badhwar’s appointment is expected to reinforce the bank’s strategy and growth ambitions in a market critical to its Asia Pacific operations.
