GroupM, the media investment group of WPP, announced today that Ravi Rao will leave his role as CEO GroupM MENA to pursue new opportunities outside of the organisation.
“Rao’s exact leave date is to be confirmed as during a period of transition he will help to find his replacement, continuing to support and lead the MENA region until we identify a candidate, and provide a smooth transition of leadership.” said GroupM in a statement.
Demet Ikiler, GroupM EMEA CEO, commented, “Ravi expressed his desire to step down and look for new opportunities after having been with the GroupM business for over 14 years, the last seven of those located in MENA. As GroupM MENA CEO Ravi played an active part in building strong relationships with media and clients alike via his approachable personal style, honesty and direct approach, which helped grow our business. While I am sad that he is leaving, I am equally happy that he will seek and engage with new opportunities in the region. I wish Ravi the best of luck in his future endeavors.”
GroupM is a global media investment company, responsible for more than $60 billion in annual media investment.