State Bank of India (SBI), has appointed DDB Mudramax as the sole media agency for its media duties. The account was won post a multi-agency pitch.
The account will be managed out of the agency’s Mumbai office. It will be led by Navin Kathuria, EVP and principal partner, DDB Mudramax.
Dinesh Menon, CMO,State Bank of India, said, “We at SBI are committed to providing innovative financial solutions to our wide base of customers and prospects. We needed an agile strategic media partner who can work closely with our brand marketing team to facilitate greater consumer traction for our brands. Our esteemed agency evaluation panel felt that DDB Mudramax can help us unlock our true potential.”
Sathyamurthy Namakkal, president, DDB Mudramax, added, “We have been associated with SBI for several years as one of their empaneled agencies. With this mandate to be the sole Media AOR, we are now entrusted with more responsibility to grow our relationship to the next level. We look forward to some business impact solutions through interesting customer initiatives”.