Mumbai: Publishing house DB Corp has promoted Rahul Namjoshi to the position of chief executive officer (CEO) of its radio division - My FM. According to Namjoshi's LinkedIn profile, he took over as CEO of the radio division in October.

Namjoshi has been serving as the chief operating officer (COO) of the radio division since May 2019. As COO, he was responsible for improving the radio division's profitability. He managed a team of 500+ people spread over 30 stations and eight corporate markets.

Namjoshi's elevation was confirmed by DB Corp president Harrish M Bhatia, who served as the CEO of DB Corp's radio division for almost 10 years till August 2017. "Dreams do come true - yes I am happy to share that one of my dreams came true few days back. Rahul Namjoshi is promoted as CEO of MY FM. I am so happy to see progress that Rahul has made," said Bhatia in a recently shared post on social media.

"When I took over in 2007 I had Rahul in my team, and I remember sometime around 2012/2013 in one of the meetings I had expressed my desire that it is my dream that one of our team members take over from me when I move on instead of a new person coming from outside. Finally, this dream has come true. It’s very important for any organisation which has great culture, growing, good processes and systems in place that somebody from within the system should take over to take it forward," he added.

Prior to his promotion as COO, Namjoshi was My FM's business head for over one year since November 2017. He joined My FM in March 2007 as regional head - Gujarat following which he was elevated as national vorporate sales head in July 2011.

DB Corp forayed into the radio business with 94.3 My FM in 2006. The radio station sets up its network across 30 tier 2 and 3 cities across seven Indian states, building on the lineage of Bhaskar Group.