MUMBAI: HT Media Limited has appointed Shamit Bhartia as managing director with effect from 26 September. Earlier Bhartia was designated as  joint managing director of the company.

Bhartia replaces his mother Shobhana Bhartia, who is also the chairperson and editorial director of the group.

Members of the board had earlier approved the re-appointment of Bhartia as the whole time director of the company at the 11th Annual General Meeting (AGM) held on 27 August, 2013.

Bhartia has been associated with the company since incorporation and is actively involved in the business policy decisions, formulation of long-term vision and strategy and contributes immensely to the growth of the company.

He holds a degree in Economics from Dartmouth College, USA and has also worked in the corporate finance and M&A Group of Lazard Frere in New York.