Gurmit Singh quits Forbes India as CEO to join Yahoo as India MD

12 Feb,2014

By A Correspondent

 

Gurmit Singh

The announcement was made WPP’s Stream digital unconference being held in Jaipur. Former CEO of Forbes India Gurmit Singh will be the new Managing Director for Yahoo India. As MD, Mr Singh will oversee the internet giant’s business in the country and responsible for its growth. He will report to Yvonne Chang, VP & Head of India and South East Asia at Yahoo. The position of MD at Yahoo India was vacant since Arun Tadanki resigned last year.

 

With over 20 years of experience, Mr Singh brings with him a deep understanding of the M&E sector in India..

 

Commenting on the appointment, Yvonne Chang, VP & Head of India and South East Asia, Yahoo said, “Gurmit comes to Yahoo with a strong track record of delivering growth. His understanding of users and advertisers will be a great asset for Yahoo as we bring a number of product innovations to India. Yahoo is a loved brand in India, and we are very happy to have a leader of Gurmit’s caliber leading the team.”

 

Mr Singh, who starts his assignment with Yahoo today, said “An Internet industry pioneer, Yahoo is now at a very exciting point in its journey. It truly reflects the energy and spirit of the world’s largest startup. Working together with an extraordinary team in India and colleagues across the world, I am looking forward to unlocking the full potential of Yahoo products and services in India.”

 

During his career Gurmit has held leadership roles across Consumer Products, Music & Entertainment and Media sectors, working for companies such as Sony Music, Hindustan Times, India Today Group, Rajshri Media, Marico Industries and most recently at Network 18 where he worked until yesterday.

 

Although there is no official statement from Network18 on who will replace Mr Singh, it is rumoured that Anil Unyal, COO – Network18 Media and Head TV18 Media Operations will hold additional charge of the magazine.

 

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