Peter Chernin's CA Media Asia Promotes Rajesh Kamat to COO
The veteran TV executive will also continue to oversee CA Media India, the local offshoot of the Chernin Group's Asian investment arm.
The Chernin Group announced on Monday the elevation of Rajesh Kamat to chief operating officer of CA Media Asia, the group's Asian investment arm. CA Media Asia focuses on media, entertainment and technology businesses across Asia with a specific initial focus on India, China and Indonesia.
Kamat has been CEO of CA Media India since he founded the outfit in 2011. Previously, as a broadcasting veteran, Kamat successfully launched joint-venture Viacom18's flagship Hindi channel Colors. Kamat was earlier CEO of Endemol's Indian subsidiary, which produced local versions of Big Brother and Fear Factor, among others. CA Media India's investments include stakes in Endemol India, live events promoter Only Much Louder and graphic novel publisher Graphic India. The company also launched a digital venture, Fluence.
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Kamat will assume his new role in April and relocate to Singapore, and will report to CA Media Group’s Hong Kong-based CEO Paul Aiello. Central to his new responsibilities, Kamat will provide strategic guidance to the group's existing portfolio investments in the region. He will also support Aiello in identifying and managing growth opportunities for CA Media in Asia.
Kamat will continue to oversee CA Media operations in India, while the senior management team -- Vivek Raicha and Rishi Negi -- will continue to lead their domains, as head of India investments and head of India investee operations, respectively.
“As we move into our next phase of growth, it is critical to have a structure that supports our operations and continued expansion plans in Asia. Rajesh’s new expanded role in the region will help the group achieve this objective,” said Cherin Group chairman Peter Chernin, who was earlier News Corp President and COO, and a chief at Fox Entertainment.
“Given what Rajesh has accomplished with CA Media in India, I am confident in his abilities to take on this expanded regional role for CA Media throughout Asia," said Aiello. "We look forward to the contributions he will make."
“Moving from a country role to a region profile is both exciting as well as challenging given the diversity of the key Asian markets and our unique portfolio of assets. I look forward to the challenge ahead,” added Kamat.