Sony Pictures Networks India CFO, General Counsel to retire on August 31

Sony Pictures Networks India has announced the retirement of General Counsel Ashok Nambissan and Chief Financial Officer Nitin Nadkarni, effective August 31, 2024.

SPNI had recently appointed Gaurav Banerjee as the new Managing Director and Chief Executive Officer (CEO), effective on or before August 26, 2024, pending regulatory approvals.

Banerjee, who is currently the head of content for Hindi entertainment and Disney+ Hotstar at Star India, will succeed NP Singh, who has led SPNI for the last 10 years as MD and CEO.


Nitin Nadkarni, a key member of SPNI since 2005, has significantly enhanced the company's commercial operations through innovative strategies and diligent management, the company said in a statement.

According to NP Singh, MD & CEO, SPNI, “Nitin has been a pillar of strength for SPNI. His financial expertise, strategic insights, and unwavering commitment to excellence have significantly contributed to the company’s success. His leadership has been invaluable in navigating complex financial landscapes and driving sustainable growth. We are immensely grateful for his dedication and wish him all the best in his future endeavours.”

Ashok Nambissan has been a 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 & practices functions for SPNI's businesses in India.

He was instrumental in significant achievements such as renegotiating IPL rights and acquiring Ten Sports. His strategic insights and legal expertise have consistently propelled the organisation forward.

Singh shared, "Ashok’s contributions have been fundamental to our success. His legal expertise and strategic vision have guided SPNI through many challenges and opportunities. Ashok’s 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. We extend our best wishes to Ashok for a fulfilling retirement."