For
the 46-year-old president of Contract Advertising, Colvyn Harris,
Indian advertising can't get any bigger and more challenging than
this. For, as CEO-designate of the country's numero uno advertising
agency, JWT India, Harris, a JWT lifer (Contract is a JWT affiliate),
not only steps into the shoes of ad legends such as Subhash Ghosal
and Mike Khanna, but more importantly has one of the toughest jobs
in the industry: bringing the otherwise strategically strong agency
back into the creative reckoning, where it seems to have lost out
sometime ago to rivals such as Ogilvy & Mather and Lowe India.
Those who know Harris admit that Khanna, who retires end of this
year, couldn't have picked a better man for the job at hand. Now,
Harris only has to prove them right.
Infrastructure
Forever
Less than six months after he led an en masse
resignation of top executives at IDFC, Nasser Munjee is back
to his first love: the infrastructure business. This time around,
though, he won't be funding projects, but advising on a whole range
of related issues. His new job: Advisor to the infrastructure practice
of consulting firm KPMG. "I don't want to get into full time
corporate life and have no control over time," says Munjee,
52. He's also a director on the boards of 15 companies in India,
besides being a member of the Planning Commission's consultative
committee for urban change. Did he say he'd retired?
Last
Man Standing
In an era of agency consolidation, Sam Balsara
is like a fierce fighter. He's not just staying his ground,
but raring for a good fight. "Everyone in the world does not
subscribe to the consolidation view," says the CMD of Madison
Communication. Going by his list of clients-Coca-Cola, McDonald's
and Airtel, among others-Balsara's performance as a solo artist
is impressive. But there's a problem: "conventional media is
delivering low returns on advertising", says Balsara. So Madison
has added an in-film advertising and film marketing division in
the form of Teamworks Film Production & Events. That's the seventh
new line of business Madison has added after media, creative, outdoor,
rural, pr and retail. Play on, Sam.
Circle
of Trust
A son-in-law making it to the pa-in-law's board
as a director is usually a "nudge-nudge, wink-wink" moment
for corporate imps. But little of that accompanied Manish Kejriwal's
appointment to Bajaj Auto's board past fortnight. Why? Because Kejriwal,
son-in-law of Bajaj Auto's CMD Rahul Bajaj, is not just a former
partner of McKinsey & Co., but also currently the Managing Director
of Temasek Holdings Advisors India. Says Bajaj: "Manish is
an outstanding professional and his induction is part of our plans
to infuse fresh and young blood on our board. He just happens to
be my son-in-law." A smart move, either way.
Time
Out
For somebody who's done a stint at Lehman Brothers
(as an analyst), the world of publishing must seem as time out.
But Smiti Ruia, the 20-something daughter of Essar Group
Vice Chairman Ravi Ruia, says she's serious about Time Out-no, not
the break, but the city magazine of the same name she's launched
in Mumbai. "Publishing is a creative activity but at the same
time it's a business," she says. Having been an avid reader
of Time Out, published by the London-based Time Out Group in 51
cities across 35 countries, at Stern School in New York and the
London College of Printing, Ruia saw an opportunity in the Mumbai
market. But are Mumbai readers as cool as Man-hattan's? She'll soon
find out.
-Contributed by Shailesh Dobhal,
Roshni Jayakar and Sahad P.V.
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