DDB Mudra Group announces leadership transition

Madhukar Kamath, Group CEO & MD, DDB Mudra Group, has recently announced a phased leadership transition for the Group. Effective April 1,  2017, Vineet Gupta, currently the Chief Digital Officer, DDB Mudra Group, will be appointed as Group CEO (Designate) and Aditya Kanthy, currently the Chief Strategy Officer, DDB Mudra Group will be appointed as Group Managing Director (Designate). Effective July 1, 2017, Vineet and Aditya will formally take over as Group CEO & Group Managing Director respectively. To facilitate a seamless transition, Madhukar Kamath will continue to work closely with Vineet and Aditya as Executive Chairman of the DDB Mudra Group, till end December, 2017.

Chuck Brymer, CEO, DDB Worldwide, said, "Madhukar and I have been working on the transition process for over the past year. We have undertaken a fairly comprehensive evaluation of talent, both externally and internally, and I am glad that we’ve identified the new leadership team from within the organisation. The transition process couldn’t begin at a better time, with 2016 being one of the best years for the DDB Mudra Group in terms of both revenue and margin growth. Both are immensely talented, business oriented and client focused. They bring together diverse skill sets of growing businesses by building and leading excellent teams."

Commenting on this, Kamath said, "At the beginning of 2016, I had announced my intention to retire from the Group by end of 2017. I have always been a firm believer in empowering young talent and seeing them deliver beyond expectations. I am excited about the next three quarters where I will work closely with Vineet and Aditya in ensuring a smooth transition. I congratulate them and wish them all the best."