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Punit Goenka takes over as IBF president

MUMBAI: Zee Entertainment Enterprises Ltd (ZEEL) MD Punit Goenka has been elected president of the Indian Broadcasting Foundation (IBF). He replaces Star India CEO Uday Shankar.

Goenka was elected the foundation’s president at the meeting of the IBF board of directors after the 17th annual general meeting (AGM) held in New Delhi today.

The IBF board also elected India TV chairman Rajat Sharma, Sony Pictures Network CEO NP Singh, Viacom 18 Group CEO Sudhanshu Vats, Asianet Communications MD K ZEEL MD & CEO Punit GoenkaMadhavan as vice-presidents. NDTV executive vice chairperson KVL Narayan Rao was elected treasurer of the foundation for a period of one year.

Regarding his election, Goenka said, “I am delighted to lead the Indian broadcasting sector at a time when there is a lot of churning and India is being looked upon as global destination for investments. In the ensuing and continuing efforts at making India a broadcasting superpower, I wish to work in a most collaborative manner with the Uday-Shankar01government, industry and other stakeholders for realisation of the sector’s value chain to the optimum.”

IBF president incumbent Uday Shankar said, “I cannot think of a more suitable person than my dear friend Punit Goenka to hand over the leadership of the IBF. Over the years, Punit has eminently helped me in navigating the IBF through these volatile times. He is also the primary architect of BARC. His intelligence, dynamism and maturity will be great assets to IBF and the Indian media.”