Nick Waters (pictured), executive chairman of Dentsu Aegis Network (DAN) UK and Ireland, is leaving DAN at the end of 2019, a year after he moved to London. There are no immediate plans to replace his role.
Before moving to London, he was APAC CEO for DAN for nine years, during which Waters was based in Singapore. He also worked at Mindshare for more than 12 years and Ogilvy for move than five years.
Following his move from Singapore to London, Takaki Hibino was named executive chairman of DAN APAC. While Waters was APAC CEO, the regional business grew rapidly as a result of the acquisition of Aegis media by Dentsu and several subsequent acquisitions. The agency also said previously that his tenure added scale, quality and new capabilities to the agency.
Waters said with a strong strategy and team in place and after almost a decade with the group, now felt like the natural time for him to move on. “I’d like to thank all the talented people that I have worked with, both here in the UK and across our global business, for making the past decade a hugely rewarding experience,” he added.
Euan Jarvie, UK and Ireland CEO, Dentsu Aegis Network, said: “I’d like to take this opportunity to thank Waters for playing a pivotal role in the evolution of the UK&I business this year and for his partnership. Together, we’ve made great strides in reshaping and evolving the business to set ourselves up for even greater success. We are building momentum and ambition across our network as a result and we will be accelerating this as we move into 2020.”
DAN has experienced senior exits over the past year, including Dick van Motman, Susana Tsui, and Phil Teeman. On the other hand, it also saw a leadership reshuffle in APAC, with Bhasin being appointed to his current role in September this year, while Prakash Kamdar, former CEO of Isobar Singapore, took on the role of CEO of DAN Singapore.
Just last week, DAN saw former OMG APAC CEO Cheuk Chiang join as CEO of Greater North, effective 2 December, taking over from Takaki who was temporarily overseeing the region previously. Based in Shanghai, he will oversee DAN China, Hong Kong, Taiwan, and Korea, reporting directly to APAC CEO Ashish Bhasin.
Meanwhile, Henry Tajer also stepped down from his role as CEO of DAN ANZ on 27 November, less than a year after he joined on 18 February from Amazon. He was succeeded by Angela Tangas, executive director of business operations at DAN ANZ. CFO Reg Davidson also stepped down. Bhasin said then that “this is the right decision for the network and market”.