Network 18 has appointed Lakshmi Narasimhan as CEO, Web 18 (web and mobile arm of Network 18). Narasimhan was earlier the CEO of Infomedia18, the group’s special interest publishing and printing operations business.
Haresh Chawla, Group CEO, Network18, has said, “With this re-alignment, Network18 aims to establish independent focus on its fast-expanding web and mobile business and at the same time ensure that all its offline media assets are leveraged digitally. Web18 is a high-thrust business for the Group and we are delighted that Lakshmi will now drive this business.”
The senior management re-alignment move is to focus on its web and mobile businesses and digital convergence at the group.