MUMBAI: At the 19th annual general meeting(AGM) of Indian Broadcasting Foundation (IBF), Sony Pictures Networks India CEO and MD NP Singh was elected as the new president of the foundation. Singh will succeed Zee Entertainment Enterprises Ltd ( ZEEL) MD Punit Goenka who held the position for two years.

Earlier Goenka took over the responsibility from Star India chairman and CEO Uday Shankar in 2016. Prasar Bharati CEO Shashi Shekhar Vempati has been elected as the new  director of IBF board.

“I am elated to lead IBF at a crucial juncture and will put my best efforts to make the sector invigorating. A strong media and broadcast sector will not only serve as the conscience-keeper of the nation but will educate, entertain and acclimatise the masses. My key objective would be to ensure the larger good of the sector in keeping with the regulatory practices,” Singh commented on his election.

“Singh has always been a supportive colleague on the Board and his broad insight and acumen will help us deal with the challenges that the sector is facing today,” outgoing president Goenka said.

Along with India TV founder and chairman Rajat Sharma, Star India MD South K Madhavan, and Viacom18 MD Sudhanshu Vats, Singh was holding the office of vice president for last two years. The media veteran has rich experience of more than 30 years. He started his stint in Sony Entertainment back in 1999 as chief financial officer. The Delhi University alumni also studied in Institute of Cost Accountants of India.