afaqs! news bureau
People Spotting

Marico CEO Saugata Gupta appointed ASCI Chairman

Partha Sinha, president, response, Bennett Coleman & Company and Sudhanshu Vats, deputy managing director, Pidilite Industries, are Vice Chairman and Honorary Treasurer, respectively.

During the board meeting that succeeded its 37th annual general meeting, the Advertising Standards Council of India (ASCI) announced the appointment of Saugata Gupta, the managing director and chief executive officer of Marico , as the new chairman of the ASCI Board of Governors. Saugata Gupta's association with ASCI spans several years; two years on the Board of Governors and four years as a special invitee on the Board of Governors.

Partha Sinha, president,response, Bennett Coleman & Company, was elected Vice Chairman, and Sudhanshu Vats, deputy managing director, Pidilite Industries, was appointed Honorary Treasurer.

In his role as ASCI's new Chairman, Saugata Gupta sharing his vision, stated, "Leading ASCI at this juncture is a privilege. We are in the midst of an extraordinary opportunity to reimagine what responsible advertising means and how consumers need protection in the digital age. ASCI is at the very forefront of this effort as it collaboratively shapes the industry.

With the advent of the ASCI Academy, we are active architects shaping a more responsible future. Our mission is to instil the principles of self-regulation into the very heart of the creative process. I eagerly look to take further the ambition we have drawn for ourselves. With the support of my board colleagues and ASCI's exceptional team, we are all set to raise the standards of responsible advertising."

Recalling his tenure at ASCI, the outgoing Chairman, NS Rajan said, "Leading ASCI over the past year has been an immensely fulfilling journey. I am proud that, as a collective team, we have strengthened our abilities to be ready for the future. The launch of the ASCI Academy is a significant event that I am sure will yield positive results.

In an environment of rapid technological advancements and shifting consumer expectations, ASCI has remained agile and forward-thinking. The complaints management part is now highly streamlined and efficient, and we are developing significant expertise in digital monitoring.

I have no doubt that Team ASCI will continue to shape policies, drive innovation, and champion causes that are not only important to the industry but also to our society at large.”

This year has been a dynamic year for the self-regulatory organisation, ASCI. They have undertaken a series of impactful initiatives, one of which was the #GetItRight Brand-Influencer Summit. This was a pivotal platform for brands and influencers to collaboratively explore and learn effective strategies for creating trustworthy relationships with each other and with consumers. It was also an opportunity for ASCI to collect valuable insights into how to further strengthen its oversight of the industry.

ASCI facilitated an interactive consultation with the Department of Consumer Affairs (DoCA) in Mumbai, a session chaired by Shri Rohit Kumar Singh, Secretary of the Department of Consumer Affairs. The discussion emphasized the critical issue of deceptive practices and their detrimental impact on consumer rights. In addition, ASCI was part of several government consultation groups.

Have news to share? Write to us atnewsteam@afaqs.com