14 Dec 2017
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Network18 appoints AP Parigi as Group CEO

MUMBAI: Reliance Industries-controlled Network18 has appointed Amba Preetham Parigi as its Group CEO. Based in Mumbai, he will take charge from 29 January.

“Mr Parigi has built a raft of customer-facing brands, technologies, businesses and management teams. His wisdom and leadership is sure to take N18 to the next level,” said Network18 chairman Adil Zainulbhai.

Amba Preetham ParigiCommenting on his appointment, Parigi said: “I look forward to mentor and lead what is perhaps the most talented group of professionals in the Indian media landscape. N18 is fortunate to have the world’s leading media brands as partners and I am keen to enhance each of these valuable relationships.”

Parigi has over 40 years of experience spanning sectors including infrastructure, telecommunications, media and entertainment. He is an alumnus of the Delhi School of Economics, and holds an MBA, Faculty of Management Studies, University of Delhi.

He served as the MD & CEO of ENIL. Under Parigi’s leadership, brand Radio Mirchi emerged as India’s largest private FM radio network, with a daily listenership of well over 25 million.

Parigi serves an an independent director of Times Global Broadcasting Ltd and Zoom Entertainment Network Limited, the television arm of TOI.

Besides being a director of Times Infotainment Media Limited, Parigi was the executive vice chairman of Times Innovative Media Limited (Times Out of Home); Times OOH is a leading player and owns the largest out-of-home properties in India. In addition to his responsibilities at TOI, Parigi did oversee the groups businesses in the internet space, specifically related to Times Internet Ltd & Times Business Solutions ltd.

Prior to joining the Times Group, he was the CEO of BPL Mobile Communications, Mumbai, a joint venture of BPL with France Telecom.

Parigi was also the MD & Group CEO of Eros Media International. Post his tenure with Eros, he served as advisor to N.E.A., India, an affliate of N.E.A., USA, a $13 billion venture/equity enterprise.

Meanwhile, TV18 Broadcast board has approved the appointment of Rohit Bansal as an additional non-executive director on the board of the company.