B Saikumar has been appointed Group Chief Executive Officer (Group CEO) of Network18 Group, the half-a-billion-dollar revenue media conglomerate spanning News & Entertainment Broadcasting, Web Portals, Publications, Filmed Entertainment and E-commerce Operations. Saikumar, Group Chief Operating Officer till now succeeds Haresh Chawla who put in his papers a couple of weeks back and is currently overseeing the leadership transition at Network18.

In his new role, Saikumar will be responsible for the strategic and operational management of the Network18 Group. He will be responsible for the Group’s News, Web, Publishing, Factual Entertainment and allied businesses which include the IBN General News Network, CNBC TV18/ Awaaz Business News Network, Web18, Yellow Pages, Forbes India, AETN18 and the niche magazine stable among others. He will be reporting into Founder and Editor, Network 18, Raghav Bahl in this new capacity.

Prior to joining the Network18 Group in 2000, Saikumar was with the Times of India Group, where he worked with Times Music and Times FM.

Source: Moneycontrol.com