Zeel adds more zeal with Mihir Modi as CFO

MUMBAI: Zee Entertainment Enterprises Ltd (Zeel) today appointed Mihir Modi as chief finance & strategy officer in place of Hitesh Vakil, who is now elevated as CEO - service excellence.

Recognising his valuable contribution, the company has elevated Hitesh Vakil as the CEO - service excellence

Hitesh Vakil has been with Zeel for the last 19 years, and has been an integral part of the company’s journey of over two decades. Recognising his valuable contribution, the company has elevated him as the CEO - service excellence, making him responsible of setting up a state-of-the-art shared service centre which will offer shared services across the group.

Modi, a chartered accountant and post graduate in management from Indian School of Business (ISB), comes with over 16 years of experience spanning across M&A, strategy, finance and general management in diverse businesses across Europe, Africa and India in varied roles. His last assignment was as CFO-Darling Business (JV between Godrej and Darling Group) at Godrej Consumer Products Ltd. Modi as chief finance & strategy officer will be responsible for finance, strategy and business development.   

Modi’s appointment is with effect from 10 October, 2013 and he will directly report in to Zeel MD & CEO Punit Goenka.

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