"Our teams around the world are very proud of the growth that we have achieved together," said Havas Media in a statement to Marketing.
According to DAN, the management shuffle is in line with the network's one Dentsu strategy that aims to drive greater simplification and joined-up thinking.
It is also structuring its international businses into creative, CRM, and media, and slashing its latest financial forecast to about US$57 million in profit.
S4Capital's board is now equally comprised of executive and non-executive directors and has a majority of female non-executives.
Based in Shanghai, Chiang will oversee Dentsu Aegis Network China, Dentsu Aegis Network Hong Kong, Dentsu Aegis Network Taiwan, and Dentsu Aegis Network Korea.
Based in Singapore, Powers will report to Charles Robinson, SVP, MD at Jack Morton Singapore, and?Damian Ferrar, global head of Genuine X.?