Essel Group’s Subhash Chandra handing over reins to kin

31 Oct, 2015 – In what appears to be a gradual strengthening of the role of family members in the $3-billion Essel Group, it has been announced Amit Goenka, the son of Chairman Subhash Chandra, has been appointed chief executive officer (CEO) of the international broadcasting business of Zee Entertainment. Chandra’s younger brother, Jawahar Goel, has been elevated from the post of managing director of Dish TV to that of chairman.

The moves come at a time when Chandra is undertaking a board-level reorganisation of the entertainment-to-education major. In the past fortnight, key executives of three listed firms – Zee Media Corporation, Zee Entertainment Enterprises and Dish TV – have stepped down, paving the way for family members to take charge.

Read more at Business-Standard

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