Wednesday, September 1, 2010

Vineet Jain Becomes PTI Chairman

The Board of Directors of Press Trust of India (PTI), the premier news agency of the country, has elected Vineet Jain as the new Chairman. The announcement was made at the 62nd annual general meeting of the PTI shareholders held at New Delhi. Jain succeeds Vijay Kumar Chopra, Editor of the Punjab Kesari Group.

Jain is the Managing Director of The Times of India (TOI) Group. Prior to being announced the Chairman Jain held the position of Vice Chairman in the PTI Board. Under his leadership the TOI Group has witnessed phenomenal growth in the print sector and expansion to the newer ventures in online, radio and television service. This is Jain’s second stint as the Chairman to PTI board, earlier he served as the PTI Chairman in 2002-2003.

Simultaneously M.P. Veerendrakumar, Chairman and Managing Director of the Mathrubhumi Group has been named as the Vice Chairman for the year. He is former Member of Parliament and Union Minister as well as served as President of the Indian Newspaper Society (INS).

Other members on the board of PTI are are Vijay Kumar Chopra (Hind Samachar), N. Ravi (The Hindu), R. Lakshmipathy (Dinamalar), Aveek Kumar Sarkar (Ananda Bazar Patrika), Shekhar Gupta (Indian Express), K.N. Shanth Kumar (Deccan Herald), Mahendra Mohan Gupta (Jagran Prakashan), Hormusji N. Cama (Bombay Samachar), Riyad Mathew (Malayala Manorama) and Sanjoy Narayan (Hindustan Times). The Directors from outside the newspaper industry are Professor E.V. Chitnis, Justice S.P. Bharucha and Fali S. Nariman.

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