Prabha Prabhu, CEO of creative agency Madison BMB, and founder-member of Madison, has retired after 28 years with the group.
Chief creative officer Raj Nair will take on additional responsibility of CEO.
Kim Solomon joins the agency as COO. He comes in with two decades of advertising experience, and has worked with Ogilvy, Mudra, Dentsu, Triton and Everest Advertising in past assignments.
The changes are effective 1 April 2016.
Sam Balsara, chairman, Madison World, said, “Whilst I am sorry that I will not have the benefit of Prabha’s wisdom and expertise, I would like to wish her a cheerful, relaxed and fulfilling retired life.”
Prabhu said, “Madison has been my home for the last 28 years and has been an intrinsic part of me. Whilst I was happy doing effective campaigns for our clients, I was very keen to also win awards. And in the last four years we have won several awards. After a rewarding and satisfying career, I now look forward to spending more time doing social work, giving back to society and spending time with my children who are both in advertising and settled in the US.”
On Nair’s elevation, Balsara said, “Raj has proved over the last few years that whilst maintaining his creative focus, he can look at the larger business picture from the client’s perspective and I am sure this move will help make Madison BMB a more result-oriented agency.”
Nair noted, “I cannot imagine life at Madison without Prabha. These are extremely large shoes to fill and we will do our very best to keep the flag flying vigorously. And of course I am looking forward to this new role and partnering our clients to help them continue to achieve their business goals through insightful advertising.”
Solomon said of his move, “Madison BMB has a great set of clients and Madison World is a wonderful and highly reputed organisation that I look forward to contribute to in ample measure.”