Turner International Asia Pacific Ltd. (Turner) has completed a regional reorganisation, it was announced by Steve Marcopoto, the company’s President & Managing Director.
The management of the company’s expansive portfolio of 24 networks, 29 websites and other businesses across 23 territories has now been fully rationalised into three operating regions. Reporting directly to Marcopoto will now be Siddharth Jain, MD South Asia, Yew Ming Lau, MD North Asia, Sunny Saha, MD Southeast Asia/Pacific, and Phil Nelson, VP Business Development.
“This important rationalisation completes a process we began last year to optimise the operating and financial performance of our core business while positioning ourselves for further investments to drive our next stage of growth,” said Marcopoto.
Marcopoto added that a number of positions across the region had been eliminated as the result of a related organisational efficiency review.
“Everything we’re announcing today was carefully-considered during several months of studying how our current structure aligned with our future ambitions,” Marcopoto said. “We are most grateful for the service and commitment of those employees directly affected and will work to ensure that they are offered appropriate support to find new opportunities”.
“All these steps make us a more agile organization with enhanced focus and decision-making in each market of this large and complex region of regions. As a pioneer and one of the biggest players in Asia Pacific broadcasting we remain committed to investing in pursuit of future expansion”, he added.