21 Nov 2017
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Turner APAC elevates Clement Schwebig to CFO

MUMBAI: Turner Asia Pacific has promoted Clement Schwebig to chief financial officer, in addition to his current role as SVP, Business Development, Licensing and China.

Schwebig will replace SVP finance Shitiz Jain who will be pursuing a new opportunity at the end of June.

Jain has been leading Turner’s financial growth and planning, as well as assisting the regional management team to maximise financial results across the entire portfolio of Turner’s kids, news and general entertainment brands, and businesses in the region.

Schwebig joined Turner Asia Pacific in 2013. Over the last three years, he has successfully led the company’s efforts to grow beyond its core business by creating new local and pan-regional channels, and in developing local content opportunities to further Turner’s presence in the market. He has also led Turner’s growth strategy across the region in the digital space, as well as Turner’s consumer products and location-based entertainment businesses.

Some of his recent notable achievements so far include Warner TV, Cartoon Network Amazone waterpark in Thailand, the acquisition and development of the Tuzki franchise and repositioning Cartoon Network’s consumer product business for growth.

“We are delighted that Clement has agreed to take on the additional responsibilities of CFO. He is a seasoned media executive with substantial experience encompassing all aspects of business operations in TV broadcasting and production, including strategy, finance and sales. With his new responsibilities as CFO, Clément will play an even more active role in shaping the strategy and direction for Turner APAC as it transforms into a data informed, fan-centric media company,” commented Turner Asia Pacific president Ricky Ow.

“As a core member of my management team, Shitiz has provided invaluable strategic and financial counsel for the APAC and Turner International executive teams. We are very grateful for the significant contributions he has made, and his help in evolving the business rapidly in order to meet consumer demand and technological change. We wish him success in his next venture,” he added.

“I have truly enjoyed working with Ricky and the Turner team as we worked on transforming the network and developing new opportunities particularly in Kids and Asian entertainment. It has been a great experience,” said Jain.

“With his strong financial acumen and experience combined with his deep understanding our business in Asia Pacific, Clement is ideally suited to lead the finance operations of Turner APAC. I’m confident the financial management of our APAC business will continue to be very well managed in his capable hands and he will make even greater contributions in driving our APAC business forward,” added Turner International CFO Trey Turner. “I would also like to express our gratitude and appreciation for Shitiz’s strong leadership of Turner APAC finance operations over the last three years. He leaves us with very best wishes for his future endeavours.”