Harish Shriyan, the CEO of advertising firm Omnicom Media Group India has stepped down from his role and will cease to work for the company by the end of this year.
Shriyan was promoted to the post of Chief Executive in December 2017. Prior to that he was working at the firm as Chief Operating Officer from 2013 to 2017. He joined the advertising firm in 2007.
Under Shriyan's leadership the Group’s agencies – OMD and PHD – have become full-fledged enterprises, resulting in the appointment of brand-level CEOs, including Priti Murthy and Jyoti Bansal, respectively, in the past two years.
Tony Harradine, Omnicom Media Group APAC CEO, shared that Shriyan has been an integral part of the firm's growth in India. He said, "Harish has been an integral part of the journey as a founding member and custodian of our brands."
Now as he moves on after working with Omnicom for 12 years, he looks back at the time that went by and feels honored to have received great opportunities to learn and grow in the firm.
"I am incredibly honoured to have had the opportunity to work with so many talented individuals over the years and been part of the Group’s establishment and growth in India," said Shriyan.
He is positive for the future of the company and foresees more growth for it's business in the coming years.
Shriyan added, "Given its strength in the form of its unique brand positioning, talent pool, infrastructure and exemplary leadership, I am confident that this is the right time for me to pass the baton on. I also have every confidence that the Group and its agencies will continue to excel in India and will follow their journey with pride and admiration."
While the firm looks for the next CEO, Shriyan will work closely with the leadership team and help them with the transition. As he is still with the firm till the end of 2019, both the leadership and Shriyan have time to work with each other and ensure a robust succession plan.
Who will the next CEO and how will the next leader take the company ahead in its next phase of growth are a few things to watch out for.
Image Credits: BusinessWorld