Subhash Chandra steps down at ZMCL; RK Aroa made Executive Director

Dr Subhash Chandra has resigned as Director & Non-Executive Chairman of Zee Media Corporation with effect from May 24, 2016. Zee Media has informed BSE of this development.

Meanwhile, based on recommendations of the Nomination & Remuneration Committee, the Board of Directors of Zee Media has approved the Rajendra Kumar Arora, CEO, as an Additional Director. Arora’s appointment as an Executive Director & CEO of Zee Media is for a period of three years with effect from May 24, 2016.

Arora had joined Zee Media Corporation as COO in May 2015, where he has been looking after the operations of 10 Zee Media channels.

Prior to joining Zee, he was with News Nation Network as CEO – Broadcasting, where he had the overall charge of the operations of the seven channels of ITV Network.