The Board of Directors of ZEE Entertainment Enterprises Ltd., in a meeting conducted yesterday, approved the appointment of media & entertainment industry veteran Divya Karani as an Independent Director on its Board.
Karani has over four decades of extensive experience spearheading some of the largest advertising and media agencies across India, South Asia, the UK and Asia Pacific, Zee said in a press release. Earlier, she served as the CEO of Dentsu Media, South Asia, leading the agency for over 12 years as a prominent media agency network in the region.
Presently, Karani serves on the Board of Kulfi Collective, a modern media network that builds brands and studios that function at the intersection of content, commerce and culture, as its Chairperson and Executive Director.
She has been serving on the Board of Jagran Prakashan since 2019 as an Independent Director and has also been instrumental in championing the growth of radio as Chairperson of MRUC Radio Committee.
“Her appointment is a firm step by the Board to further enhance the strategic guidance being delivered to the management team on a regular basis. Her vast experience and wisdom in the media and advertising landscape will enable the company to strengthen its capabilities to achieve its targeted aspirations for a robust future,” Zee said in the media statement.
Speaking on the appointment, Zee Chairman R. Gopalan said, “We are delighted to welcome Ms. Divya Karani on the Company’s Board. Her wealth of expertise across the media sector coupled with a proven track record of successfully delivering customer-centric business solutions, will enable the Company to garner the required guidance as it navigates the path forward to achieve its targeted goals.”
Commenting on the development, Zee CEO Punit Goenka said, “The Indian media and entertainment sector is evolving swiftly, making it pertinent to craft innovative business solutions with a lens of fiscal
prudence and profitability. We believe Ms. Karani’s deep domain knowledge in advertising and spearheading large-scale agencies, will enable us to effectively navigate the macro-economic environment and build value-accretive offerings for brands to propel revenue growth for the business.”
Karani, while stating that she was honoured to join the Zee Board, said, “As the Company enters its next phase of growth, I believe it remains well-poised to continue growing stronger and capturing more hearts at the intersection of content, technology and creativity. I look forward to being a part of this pioneering company’s robust growth story by leveraging my expertise and working closely with the Board and the management team to drive long-term success.”
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