Sony Pictures Networks India (SPNI) has announced the retirement of two key leaders including Ashok Nambissan, General Counsel and Nitin Nadkarni, Chief Financial Officer. The retirement is effective August 31.
Nadkarni, who joined SPNI in 2005, drove the financial mandate and led strategic financial initiatives for SPNI globally.
As CFO, Head of Broadcast Operations and Network Engineering (BONE), and Head of Commercial, he has been pivotal in optimising SPNI’s commercial operations, ensuring maximum efficiency, and driving profitability through innovative strategies and diligent management. He has guided SPNI on its sustainability journey, implementing numerous initiatives to achieve a zero environmental footprint by 2050.
With over four decades of experience in the financial sector, Nadkarni has garnered expertise across industries, including engineering, specialty chemicals, and media and entertainment. His knowledge has influenced SPNI’s strategies and operations, providing a solid foundation for the company’s future.
“Working alongside the leadership team at SPNI has been an enriching experience. Our efforts have always focused on maintaining the highest financial integrity and operational excellence standards. I am proud of our efforts in fostering a culture of accountability and precision. This commitment to excellence continues to drive our success and innovation in the industry,” he said
According to NP Singh, MD and CEO, SPNI, “Nadkarni has been a pillar of strength for SPNI. His financial expertise, strategic insights, and unwavering commitment to excellence have contributed to the company’s success. His leadership has been invaluable in navigating complex financial landscapes and driving sustainable growth.”
Nambissan has been a vital part of SPNI since 2007, playing a crucial role in shaping its legal and regulatory framework and ensuring compliance across all operations. He oversaw the Corporate Relations, Legal and Regulatory Affairs, and Standards and Practices functions for SPNI’s businesses in India.
As the company’s Ombudsperson, the statement said, he demonstrated exemplary dedication to integrity and ethical conduct.
Notably, Nambissan was instrumental in renegotiating IPL rights and acquiring Ten Sports. His strategic insights and legal expertise have consistently propelled the organisation forward.
Reflecting on his time at SPNI, he remarked, “My journey at SPNI has been enriching and filled with growth and learning. Contributing to major negotiations and acquisitions and collaborating with industry bodies to shape regulatory frameworks have been career highlights. I am honoured to have been part of the network’s evolution and the launch of new channels and digital platforms, which have been significant milestones.”
Singh, added, “Nambissan’s legal expertise and strategic vision have guided SPNI through many challenges and opportunities. His leadership in major acquisitions and his skill in navigating complex legal issues have set a high standard for our legal and regulatory practices. His involvement in initiatives like the joint venture with BBC Earth and the expansion of SonyLIV has been crucial.”