MUMBAI: The 17th Annual General Meeting (AGM) of The Indian Broadcasting Foundation (IBF) was held in New Delhi today. In the IBF Board of Directors meeting thereafter, Punit Goenka (Managing Director & CEO, Zee Entertainment Enterprises) was elected as the Foundation’s President.

The IBF Board also elected Rajat Sharma (Chairman, India TV), N.P. Singh (CEO, Sony Pictures Network), Sudhanshu Vats (Group CEO, Viacom 18), K. Madhavan (Managing Director, Asianet Communications) as Vice-Presidents; and K.V.L. Narayan Rao (Executive Vice-Chairperson, NDTV) as the Treasurer of the Foundation for a period of one year.

After being appointed, Goenka said, “I am delighted to lead the Indian broadcasting sector at a time when there is a lot of churning and India is being looked upon as global destination for investments. In the ensuing and continuing efforts of making India as a broadcasting superpower, I wish to work in a most collaborative manner with the Government, Industry and other stakeholders for realization of the sector's value chain to the optimum.”

Outgoing IBF President Uday Shankar said, “I cannot think of a more suitable person than my dear friend, Punit Goenka to handover the leadership of IBF. Over the years, Punit has eminently helped me in navigating IBF through these volatile times. He is also the primary architect of Broadcast Audience Research Council (BARC). His intelligence, dynamism and maturity will be great assets for IBF and the Indian media.”