Siti Networks appoints Rajesh Sethi as ED & CEO; VD Wadhwa moves on
Siti Networks has appointed Rajesh Sethi as Executive Director and CEO following VD Wadhwa’s decision to step down from his role as ED & CEO due to personal reasons. Wadhwa will help Rajesh Sethi in the smooth transitioning over the next couple of months.
Sethi has over 22 years of experience in varied industries like Media, Insurance and Automotive sector across India and South East Asia. He had joined Ten Sports (Taj Television – a then subsidiary of Zee Entertainment) in July 2013 as CEO, where he spearheaded the turnaround and divestment of Ten Sports from multi-year losses to a profitable entity and has placed the Distribution & Placement Business on a consistent growth path.
Before joining Zee Entertainment, Sethi has been associated with large conglomerates like Tata, General Electric and Allianz with a proven track record of progressive leadership and entrepreneurial success. He specialises in enhancing stakeholder value through large-scale Business Transformation, Leadership Development, Innovation, Organisation change management and Customer strategies.
Speaking on his tenure at Siti Networks, VD Wadhwa said, “It was one of my most satisfying career at Siti. Under the guidance of the Board, we have managed to establish Siti as one of the leading profitable players today. I thank the Board for the opportunity and wish Rajesh and his team all the success.”
Commenting on his new role, Rajesh Sethi said, “Post our very successful turnaround and divestment of Ten Sports and thereafter implementation of Digitisation of our broadcasting business, I am very excited to further transform our Delivery Platform with Siti Networks which has immense growth possibilities and opportunities. The sector is on the cusp of reinventing itself with smarter Business Models and ways of delivering & connecting to customers with varied products and services.”