Deshpande appointed Network18’s non-exec director

Deshpande appointed Network18’s non-exec director

Jyoti Despande

MUMBAI: Eros International Group CEO and MD Jyoti Deshpande has been appointed as non-executive director of Network18 Media & Investments. The appointment was approved by the board of directors of Network18 at a board meeting today.

The board has also noted the resignation of KR Raja from the directorship of the company with effect from 21 March.

Deshpande, who is stepping down from her executive role after more than 17 years, will move on to head the media and entertainment (M&E) business at Reliance Industries Ltd (RIL) as president of the chairman’s office.

She will start her role at RIL from April 2018 but will continue to remain as a non-executive director on the board of Eros.

In her new role at RIL, in Deshpande will lead the company’s initiatives M&E to organically build and grow businesses around the content ecosystem such as broadcasting, films, sports, music, digital, gaming, animation as well as integrate RIL’s existing media investments such as Viacom18 and Balaji Telefilms with a view to build, scale and consolidate the fragmented $20 billion Indian M&E sector.

Deshpande has over 25 years of experience in media and entertainment across advertising, media consulting, television and film. She has been part of the leadership team of Eros International Plc since 2001 and as Group CEO & MD, she has spearheaded Eros’s growth as a global leader in Indian filmed entertainment.

Prior to joining Eros in 2001, Deshpande has worked for 7 years in the field of advertising, media consulting and television with companies such as J Walter Thompson India, Mindshare, Zee Television and B4U Television. Ms. Deshpande has a Bachelor’s Degree in Commerce and Economics from Mumbai University and a Master’s Degree in Business Administration (MBA) from SPJIMR, Mumbai University.

MUMBAI: Network 18 has announced Jyoti Deshpande as new non-executive director. The media professional with overall more than 25 years of experience in media and entertainment field worked as group CEO and MD of Eros International group earlier.

Network 18’s Board of Directors approved the decision on Wednesday. The resignation of KR Raja from the directorship of the company with effect from 21 March has been noted by the board too.

From next month, Deshpande will take up the responsibility in Reliance Industry Limited. She will lead the company’s initiatives M&E to organically build and grow businesses around the content ecosystem.

Prior to her role in Eros, J Walter Thompson India, Mindshare, Zee Television and B4U Television. 

Though stepping down from her executive role after more than 17 years, Deshpande will continue to remain a non-executive director on the board of Eros.

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