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Tag: Allianz

  • OMD APAC promotes Namrata Roy to vice-president strategy

    OMD APAC promotes Namrata Roy to vice-president strategy

    MUMBAI: OMD APAC has elevated Namrata Roy to vice-president strategy, marking another step forward in her four-year tenure with the media agency network.

    Roy, who most recently served as associate vice president strategy for OMD India, brings extensive experience in media strategy and client leadership to her new role. Her promotion comes after successfully leading strategy for OMD India and previously heading strategy for OMD Malaysia, where she managed key accounts including Danone, Nissan, and Allianz.

    Prior to joining OMD in 2021, Roy held the position of strategy director at Zenith Malaysia, where she managed the Nestlé account. Her career spans over 15 years across leading media agencies, including roles at DDB Mudra Group, Madison Media, Dentsu Aegis Network, and Mindshare.

    Roy’s experience includes working with prominent brands such as Cipla Health, State Bank of India, Mondelez India, and ICICI Group. She began her career as a management intern at Ogilvy, working on Unilever and Mondelez accounts.

    An IPA Advanced Certificate holder in effectiveness, Roy’s appointment reinforces OMD APAC’s commitment to strengthening its strategic leadership across the region.

  • Ogilvy acquires majority stake in Brazilian marketing agency Jüssi

    Ogilvy acquires majority stake in Brazilian marketing agency Jüssi

    MUMBAI: WPP’s wholly-owned operating company Ogilvy has acquired a majority stake of Jüssi Intention Marketing Ltd, an online performance, programmatic and conversion marketing agency in Brazil.
     

    Jüssi’s clients include Allianz Global Assistance & Corporate, Amazon, Decathlon, FNAC, Google, LinkedIn and Terra. Founded in 2010, the company employs 120 people and is based in S?o Paulo. Jüssi will be part of the Ogilvy Group in Brazil (Ogilvy & Mather, David Agency, Nine, Etco and Foster) and will continue to operate under the Jüssi name. 

     

     

    This investment continues WPP’s strategy of investing in fast growing sectors such as digital and its commitment to developing its strategic networks throughout Latin America, while bolstering the Group’s leadership position in Brazil.

     

    In Brazil, the Group (including associates and investments) generates revenues of around $600 million and employs over 7,000 people

  • Allianz is title sponsor of Penang Bridge International Marathon

    Allianz is title sponsor of Penang Bridge International Marathon

    MUMBAI: In its 27th edition, the Penang Bridge International Marathon will see its first ever Title Sponsor with Allianz Malaysia.

    A memorandum of understanding was signed between the organising committee and insurance company Allianz. The one-year partnership was brokered by sports marketing company Total Sports Asia.

    An estimated 30,000 local and international marathon enthusiasts will be flooding Malaysia‘s longest and busiest Penang Bridge this year on 20 November.

    Since the inauguration of the Penang Bridge in 1985, the annual Penang Bridge International Marathon has become Penang‘s signature event which brings runners from all over the world, be it amateur or professional to the “Pearl of the Orient”.

    Allianz Malaysia CEO Jens Reisch commented, “We will be launching campaigns before and during the event to encourage people from all walks of the country to participate in a more active lifestyle.”

    Total Sports Asia Group CEO Marcus Luer said, “The partnership between Allianz and the Penang Bridge International Marathon is a perfect match. Both are aiming to create a healthier, better Malaysia. We will work with Allianz to create innovative sponsorship activation concepts to successfully leverage their title sponsorship and connect with their target group.”

  • ‘Maine Pyar Kyon Kya’ producer to raise Rs 500-550 million via IPO

    ‘Maine Pyar Kyon Kya’ producer to raise Rs 500-550 million via IPO

    MUMBAI: Shree Ashtavinayak Cine Vision Ltd (SACVL), a film production and distribution house, is tapping the capital market. The company plans to raise Rs 500-550 million through an initial public offering (IPO) to ramp up its film production business. 

    SACVL, which produced Maine Pyar Kyon Kya along with Sohail Khan productions, has appointed Allianz Securities to lead manage the issue.

    “We have a business plan to increase our production pipeline from three to five films a year. The size of the IPO should be in the range between Rs 500-550 million. We are awaiting the regulatory approvals,” says Shree Ashtavinayak Cine Vision chief financial officer Shyam Sunder.

    The company will offer a public issue of 37,28,000 equity shares of Rs 10 each at a premium to be decided through the book building process. The price band will be fixed later.

    The IPO proceeds will be used towards film production and purchase of equipment. SACVL has earmarked Rs 459 million for production of three films while Rs 141 million will be for equipment buying. “We have a movie by Abbas Mastan on the floor with Ajay Devgan, Sanjay Dutt and Bipasha Basu as the lead cast. The other two movies are at the pre-production stage,” says Sunder.

    The company distributes 10-12 movies a year. SACVL will be distributing Golmaal which is slated for release on 14 July. Main Hoon Na, Garv, Mujse Shaadi Karogi and Aitraaz are among the movies distributed by the company.

    The promoters’ holding will come down from 74.14 per cent to 50.85 per cent. The company’s turnover for the nine months ended 31 December 2005 stood at Rs 469 million with Maine Pyar Kyon Kya accounting for Rs 320 million while income from distribution stood at Rs 140 million.