L&K Saatchi & Saatchi CEO Anil Nair steps down

Mumbai: Anil Nair, CEO of L&K Saatchi & Saatchi, has stepped down after 17 years at the Mumbai-based advertising agency. Nair will continue as an adviser at the creative shop. He was elevated to CEO and managing partner in 2014. Talking about his stint at the agency, Nair says, "When we began our journey we never expected to reach where we have reached today. It was a once in a lifetime opportunity to work with the dream team."

L&K Saatchi & Saatchi, part of Publicis Groupe, has roped in Paritosh Srivastava as MD. Speaking to ET, Saurabh Varma, CEO, Publicis Communications, India & South Asia, said the company looked at candidates within the company and outside, for Nair’s replacement. Srivastava is COO of Publicis Ambience and Publicis Beehive.