India Value Fund Advisors (IVFA), has appointed Haresh Chawla as partner in India. Chawla, who quit Network18 early this year (as group chief executive officer Network18 and Viacom18), will join India Value Fund Advisors on 1 June 2012 and will be responsible for building and scaling up businesses owned by IVFA across sectors, as well as leading media and entertainment investments at IVFA.
Commenting on the appointment, Vishal Nevatia, managing partner, IVFA, said, "Haresh brings with him unique experience, having built several world-class brands in the media and entertainment space. He blends professional management with entrepreneurial drive and the combination will be invaluable in helping IVFA scale up and further build our portfolio of businesses. Given Haresh's experience in creating a strong work culture that unlocks creativity and synergy within the group, his joining us also marks the beginning of IVFA's journey to make each of its portfolio of businesses, 'the best place to work' in their respective domains."
Commenting on his new assignment, Chawla said, "India Value Fund Advisors is a uniquely positioned firm that not only infuses capital but also the mindset and strategic management thinking, that is required to scale up mid-sized businesses into large professionally-run enterprises. This operating model was particularly appealing to me as a chance to leverage my experience in building up businesses and helping management teams perform to their true potential.”
In a career spanning over twenty years Chawla has also worked with the HCL Group and The Times of India alongwith Network18.
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