Former McKinsey India head Zainulbhai reappointed as Network18 chairman

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Former McKinsey India head Zainulbhai reappointed as Network18 chairman - Business Standard

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Former McKinsey India head Adil Zainulbhai has been reappointed as chairman of billionaire Mukesh Ambani's listed media company Network18, while veteran journalist Rahul Joshi has been given another three-year term as managing director.

The shedding of the independent director tag is being seen as giving Zainulbhai -- an IIT and Harvard graduate who previously was chairman of McKinsey India as well as chairman of Quality Council of India -- more say in the company's operations.

With effect from July 7, he has been "appointed an additional director (non-executive, non-independent director)", Network18 said in a stock exchange filing.