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Tag: Sidharth Parashar

  • Mindshare names Sidharth Parashar as chief investment officer of APAC

    Mindshare names Sidharth Parashar as chief investment officer of APAC

    MUMBAI: Mindshare, the media services company that is part of WPP, has appointed Sidharth Parashar as the chief investment officer of Mindshare APAC. Formerly the president of investments & pricing at GroupM India, Sidharth will be based in Singapore and will be part of the Mindshare APAC leadership team.

    Reporting to Mindshare APAC chief executive officer Helen McRae, Sidharth will focus on enhancing Mindshare’s investment strategy across local markets as well as driving Intentional Investment and the opportunity for Good Growth in the region.

    Helen McRae said, “I am very pleased that Sidharth will be joining our regional team. He brings a tremendous depth of expertise and will be a great champion of Good Growth for our clients.”

    Commenting on his move from GroupM to Mindshare, GroupM South Asia CEO Prasanth Kumar said, “Sidharth has had a phenomenal career journey where the organisation has witnessed his evolution from a practice expert to a leader in the last 18 years with GroupM. He has successfully led the investment mandates across all media and has elevated the practice through innovative products and delivering exceptional value for our clients. I would like to wish him the very best and will continue to work closely with him as he drives the regional investment strategy for Mindshare.”

    Parashar said, “It has been an amazing journey at GroupM, and I am delighted to now take over this new Mindshare APAC investments role. I look forward to this opportunity in new markets to build value for our client’s business.”

  • GroupM India names Ashwin Padmanabhan as president – investments, trading and partnerships

    GroupM India names Ashwin Padmanabhan as president – investments, trading and partnerships

    Mumbai: GroupM India announced on Wednesday that Ashwin Padmanabhan will be promoted to president-investments, trading, and partnerships. Padmanabhan, who earlier led ‘Trading’ and ‘Partnerships’ will now also be taking on the ‘Investments’ portfolio from Sidharth Parashar. Parashar will be joining the APAC Mindshare leadership team as chief investment officer, Mindshare APAC, and will now be based out of Singapore.

    Padmanabhan will continue to report to GroupM South Asia CEO Prasanth Kumar and be based out of the Gurgaon campus. Over the next three months, Parashar and Padmanabhan will work closely to ensure a seamless transition into their respective new roles along with their key leadership team.

    GroupM South Asia CEO Prasanth Kumar said, “Sidharth has had a phenomenal career journey where the organisation has witnessed his evolution from a practise expert to a leader over the last 18 years with GroupM. He has successfully led investment mandates across all media, elevating the practise through innovative products and exceptional value for our clients. I would like to wish him the very best and will continue to work closely with him as he drives the regional investment strategy for Mindshare.”

    “I am also excited to see Ashwin taking over this additional role. He has a deep understanding of the business, and we continue to benefit from his knowledge of the media ecosystem. Focusing on cutting-edge innovation backed by his solid process orientation is a value-add for clients. His ‘start-up’ mindset has helped GroupM venture into new practices, deploying creativity to our products and solutions, keeping client delight at the helm,” he added.

    Parashar will report to Mindshare APAC chief executive officer Helen McRae, and work on enhancing Mindshare’s local market investment strategy and driving thinking on the opportunity of good growth and intentional investment for the region.

    Helen McRae said, “I am very pleased that Sid will be joining our regional team. He brings a tremendous depth of expertise and will be a great champion of good growth for our clients.”

    Sidharth Parashar said, “It has been an amazing journey at GroupM, and I am delighted to now take over this new Mindshare APAC investment role. I look forward to this opportunity in new markets to build value for our client’s business.”

    Ashwin Padmanabhan said, “GroupM has been a fertile ground for innovation and creating value in a highly entrepreneurial environment. This expanded remit motivates me to renew my focus on the GroupM value proposition for our clients, media partners, and technology partners. We want to keep the momentum up with these relentless efforts toward improving today for a better tomorrow.”

  • GroupM India rejigs top management

    GroupM India rejigs top management

    MUMBAI: GroupM India, the media investment group of WPP, has appointed Sidharth Parashar as President – Investments and Pricing, GroupM India and Ashwin Padmanabhan as President – Partnerships and Trading, GroupM India. As part of this elevation, both Sidharth and Ashwin will join the GroupM Executive Committee.

    GroupM South Asia  CEO Prasanth Kumar said, “The elevation of both Sidharth and Ashwin is a testament of GroupM’s continued investment in its talent which has helped build a strong leadership pipeline, creating leaders to take our business into the future. In this ever-evolving integrated media ecosystem, we understand the importance of having leaders across key client focus areas like media investments and trading. Both Sidharth and Ashwin are astute leaders and I am confident that they will continue to drive client delight and expand GroupM’s reach across platforms.”

    Sidharth and Ashwin have been leading GroupM’s pricing-investment and partnerships-trading practices over the years and they will take over their respective new roles effective November 2019.

    Sidharth has been with GroupM for over 15 years. He commenced his journey as the Agency Buying Head for Maxus and has played a key role in evangelising the buying function in the organisation. In his new role, Sidharth will be responsible for leading GroupM India’s investment mandates across all media. He will further build on GroupM’s buying function and provide unique solutions to his clients. All the GroupM Agency Trading Heads and Cluster Heads will continue to report to Sidharth.

    GroupM India President – Investments and Pricing Sidharth Parashar said, “It has been an amazing 15 years working at GroupM and I am delighted to join the executive leadership team. I am excited about the opportunity to lead the Group’s investments across platforms. GroupM has always raised the bar on innovation and providing exceptional value to our esteemed clients. I look forward to continuing delivering these company values each day.”

    Ashwin joined GroupM from Reliance Broadcast Network where, as the COO he led the network’s Radio and Television business. At GroupM,  Ashwin has been driving Trading and Partnerships. Along with his trading roles, Ashwin also leads Motion Content Group. Under his leadership, Motion’s unique value proposition of content Production, Financing and Monetization across platforms has become a big differentiator to the entire content ecosystem.

    GroupM India  President – Partnerships and Trading Ashwin Padmanabhan said, “I am delighted with this recognition and I would like to thank Prasanth Kumar and the GroupM leadership team for reposing faith and for considering me for this position. GroupM gives a unique opportunity to create, innovate and build in an entrepreneurial environment and I look forward to continue enhancing the GroupM value proposition for our clients, media and technology partners. ”

    Both Sidharth and Ashwin will continue to be based out of the GroupM’s Gurgaon office and will report to Prasanth Kumar

  • MEC elevates Rahul Jadhav to national trading head

    MEC elevates Rahul Jadhav to national trading head

    MUMBAI: MEC has promoted Rahul Jadhav to national trading head.

     

    In his new role, he will be responsible for media investments across platforms and will report to MEC MD T Gangadhar, GroupM pricing & investments head Sidharth Parashar and MEC Asia Pacific trading head Michael Beecroft.

     

    Jadhav said, “I am deeply humbled – I thank MEC for recognising my work and providing me the opportunity to take on new responsibilities. I am very excited about working closely with our clients and making their investments work even harder”.

     

    In his previous role, Jadhav was head of media buying on Colgate Palmolive. He has been with MEC since 2010 and will continue to be based in Mumbai.

     

    Gangadhar said, “Trading is a massive differentiator for us and Rahul has the smarts to lead this critical function. He has an astute understanding of the media landscape and enjoys excellent relationships with our business partners. I wish him the very best in his new role”.

     

    Jadhav is a Bachelor in Engineering and holds an MBA degree from the University of Pune. Prior to joining MEC, he was product manager at Tata Motors. His career also includes a stint at Bajaj Tempo.

  • GroupM elevates Jai Lala and Sidharth Parashar

    GroupM elevates Jai Lala and Sidharth Parashar

    MUMBAI: GroupM has elevated two of its senior executives of the Central Trading Group (CTG). The company elevates Sidharth Parashar as head, Pricing & Investments, and Jai Lala as head, Trading & Partnerships.

     

    Both Lala and Parashar will report to CTG south Asia managing partner Prasanth Kumar.

     

    Prior to his promotion, Parashar was the agency buying head for Maxus, for over five years, where he was a valued member of the leadership team, working on media mandates for brands such as Google, Nokia, Vodafone to name a few. In his new role Parashar will be responsible to facilitate and execute GroupM investment mandates across media. His key focus will be on the GroupM trading products that should continue to offer the edge to our clients. All the GroupM agency trading heads and cluster heads will now report in to Praashar.

     

    Prior to Lala’s elevation, he was the agency trading head for Mindshare, where he worked on media mandates for clients such as Pepsi, GlaxoSmithkline, ICICI, Aditya Birla Group and Nike. Going forward Lala will be managing all trading mandates at GroupM. He will also be heading a team of all the heads across verticals: Proprietary media, DTH, Xaxis, Syndication, GME and Special projects and maximize value for our clients. He will also work closely with Parashar and the agency trading heads on delivering the maximum ROI on media investments.

     

    Speaking on the new structure, Kumar said, “As we move into a growth phase largely driven by converging synergies across the group and driving client satisfaction it has become critical that we create more focus, especially in the area of media investment. With the development of new concepts of integrated media, merging traditional and digital media, we are also looking at reforming the way we plan our investments as a central hub. This new structure in our core function will deliver unparalleled client delight and value.”