Exchange4Media: Karthik Lakshminarayan, Head of Business Planning and Strategy, Colors has called it quits. Rajesh Kamat, Group COO, Viacom18 and CEO, Colors has confirmed the development.
Before joining Colors, Lakshminarayan has worked with big agencies like Madison Media Infinity, Initiative Media and Leo Burnett as COO and worked on top brands such as Cadbury India, Godrej Industries, Marico Ltd, and Asian Paints, among others.
Viacom18 also recently appointed Gaurav Gandhi as Chief Commercial Officer, Viacom18 Group, who will report to Kamat and spearhead Viacom18’s international business.
In a prepared statement, Kamat confirmed the news saying, “Given our exponential growth as a group in the last 18 months and our future growth plans, it is now critical that we centralise our cost and commercial functions, thus ensuring synergies between various group businesses. Given Gaurav’s relevant experience and proven track record, I am confident of his ability to add value across the group.”