Balaji Telefilms informed the Bombay Stock Exchange (BSE) that in its board meeting held on November 10, 2017, the board approved the appointment of Nachiket Pantvaidya as Group COO of Balaji Telefilms.
Pantvaidya will continue to hold his position as CEO at AltBalaji, alongside; he will now have additional responsibilities at Balaji Telefilms across the television and movies business. He joined AltBalaji in December 2015, previously he worked in senior leadership roles across Sony Entertainment Television, Star TV Network, Fox Television Studio, BBC and Disney.
"At Balaji Telefilms as Group COO Pantvaidya will work closely with the television and movies business to drive profitability and operational excellence across the Group. He will help lead the development and implementation of strong processes and controls across the group to deliver on our business plans," Balaji Telefilms informed through a press note.
Shobha Kapoor, Managing Director, Balaji Telefilms, says, "Nachiket joined AltBalaji nearly two years ago and has successfully created a strong and valuable B2C brand at AltBalaji. He brings strong leadership and management skills and will now work closely with the television and movies business to help transform the company as we now work to reach Indians globally across multiple screen formats."