Bloomberg Media’s president and managing director, International business Parry Ravindranathan will be stepping down from his role after 10 years with the firm. In a LinkedIn post, Ravindranathan said he is leaving to pursue new challenges, and described his time at Bloomberg Media as an “ incredible run”.
“I have worked with some of the smartest, most talented people here. My Asia and EMEA Media teams especially. I have been on the road for nearly a 1000 days in the last 10 years, dozens of countries, several time zones...now for a break and recharge before the next big adventure,” he said. In addition, Ravindranathan also gave a shout out to his boss Justin B. Smith and his predecessor Andy Lack.
Ravindranathan first joined Bloomberg Media in 2011 as the managing director, Asia for Bloomberg Television. Based in Hong Kong, he headed Bloomberg Television's content and business in APAC, built the business into the region's leading business and financial network and led the expansion into new markets in the region. Two years later, he was handed additional remit to oversee digital, magazines, events and conferences, strategic partnerships, licensing and syndication.
Prior to this, Ravindranathan was part of the board at Indian media company Asiaville Interactive Pvt, as well as Al Jazeera in Qatar and CNBC-TV18 in India.
The media industry has seen a fair number of heavy weight individuals moving in and out. Just last week, Singapore Press Holdings’ (SPH) Geoff Tan decided to leave the company after 34 years. Having been with SPH since 1986, Tan last helmed the role of head, content marketing and was put in place to grow the Sweet operations. In a statement to Marketing, Tan said he was meant to have retired two years ago but had his contract extended to serve across two portfolios - first as the managing director of SPH Magazines’ luxury business, and then as head of Sweet, SPH’s multi-disciplinary content marketing arm. Tan was one of SPH’s first content creators and has been helping SPH Magazine’s with the creation of a lot more of its branded content.
Meanwhile CEO of Star Media Group Andreas Vogiatzakis also left his post in May. Vogiatzakis, who is a veteran in the media industry, worked across numerous media agencies is Asia including Starcom Mediavest in Japan and Mindshare Taiwan. During his appointment, the board said they have confidence in his “past performance record and regional experience in the media industry” and looked forward to him implementing transformation plans.
In April, Johan Ishak also left his role as CEO of Media Prima Television Networks (MPTN), close to three years after he assumed the role in October 2017. During his time as CEO, Johan was responsible for the overall operations of MPTN, overseeing Media Prima's TV3, ntv7, 8TV, TV9, tonton and CJ Wow Shop. He also pursued new business opportunities in line with Media Prima’s long-term growth strategies. Before MPTN, Johan was the CEO of MyCreative Ventures since 2012, a government investment arm for the promotion and entrepreneurship of the Malaysian creative industry.