Rakesh G. Jain has been appointed as the additional (independent) director of SABTN.
Sri Adhikari Brothers (SAB Group) has realigned the position of Manav Dhanda as the CEO of the company's broadcasting arm - TV Vision. The announcement was made after the recent board meeting of SAB group held on August 22, where where it was noted, realignment of office of Dhanda as the CEO w.e.f from August 31 from Sri Adhikari Brothers Television Network (SABTN) to its core business arm TV Vision.
Dhanda, since his appointment, has managed to create and grow an umbrella brand SAB Group, and has actively been overseeing its subsidiaries and its businesses in the capacity as the company's CEO. In the larger interest of its stakeholder, he has now been entrusted with a greater responsibility to build and strengthen the core business of TV Vision.
In addition to the above development the board also appointed him as the additional non-executive director of SAB Events & Governance Now Media, under the umbrella brand of SAB Group. Simultaneously, Rakesh G. Jain has been appointed as the additional (independent) director of SABTN.
Commenting on the development through a press statement, Markand Adhikari, vice-chairman and managing director of SAB Group, says, "(Manav) Dhanda has helped create a brand SAB Group and contributed enormously to its growth and with our vision to expand and strengthen our broadcasting arm, we would want him to lead the broadcast business of the group i.e. TV Vision. This move has been attributed to formalise processes."