The Board of Balaji Telefilms Limited at its recent board meeting approved the appointment of Nachiket Pantvaidya as Group COO Balaji Telefilms Limited. Pantvaidya will continue to remain as CEO of AltBalaji while having additional responsibilities at Balaji Telefilms across the television and movies business.
At Balaji Telefilms as Group COO, Pantvaidya will work closely with the television and movies business to drive profitability and operational excellence across the Group. He will help lead the development and implementation of strong processes and controls across the group to deliver on our business plans.
Pantvaidya joined AltBalaji in December 2015 and has helped scale AltBalaji to be a leading OTT player with the largest collection of original shows in Hindi and other Indian languages. He brings with him extensive operational experience and an excellent understanding of the entertainment ecosystem having worked across all facets of the media industry. Pantvaidya has previously worked in senior leadership roles across Sony Entertainment Television, Star TV Network, Fox Television Studio, BBC and Disney.
Commenting on the appointment, Shobha Kapoor, Managing Director Balaji Telefilms, said, "Nachiket joined AltBalaji nearly two years ago and has successfully created a strong and valuable B2C brand at AltBalaji. He brings strong leadership and management skills and will now work closely with the television and movies business to help transform the company as we now work to reach Indians globally across multiple screen formats. We wish Nachiket the very best and look forward to bringing together all our collective strengths and expertise to create value for our shareholders.â€ť