MUMBAI: Zee Media Corporation Ltd (ZMCL) announced that its managing director Ashok Venkatramani has resigned, effectively immediately from 9 July. "Ashok Venkatramani has decided to pursue interest outside the company and has accordingly resigned as Managing Director of the company with effect from close of business on July 9, 2019," said ZMCL in a notice to the BSE.

Venkatramani joined ZMCL on 2 July as MD for a period of three years. However, he has decided to quit the post within a year of appointment.

Venkatramani is an almunus of IIM Ahmedabad and Harvard Business School. He has over three decades of experience in the FMCG and broadcasting sectors. In his last stint he was associated with ABP News Network as CEO since 2008 before joining ZMCL. He was instrumental in rebranding Star News into ABP News.