Punit Goenka
Goenka in 2016
Born
India
EducationB.Com, University of Mumbai
Occupation
OrganizationZee Entertainment Enterprises (ZEEL)
SpouseShreyasi
ChildrenVivardhan
Parents
RelativesAmit Goenka (Brother)

Punit Goenka is the managing director and chief executive officer of Zee Entertainment Enterprises. Goenka is the elder son of Essel Group Chairman Subhash Chandra.[2] Goenka grew up and studied in several towns and cities—Hisar in Haryana; Delhi; Sanawar in Himachal Pradesh and Mumbai—before moving to Institut Le Rosey, a boarding school in Rolle, Switzerland.[3] He was elected as the President of Indian Broadcasting Foundation (IBF) in the September, 2016 for a period of one year.[4] He holds a bachelor's degree, B.Com from University of Mumbai 1995.

Training initially within the Essel Group, Goenka's first assignment, in 1993, was selling amusement park packages for Essel World to schools in Virar, Mumbai. He was assistant to the head of Essel Packaging, the floor supervisor of a factory, and executive assistant to his father for six months. He then joined Zee Music Company. He was put in charge of organizing funding for Agrani—a programme to launch the group's own satellite. He helped launch Dish TV, working with his uncle, Jawahar Goel, for a year in Delhi. He then moved back to Mumbai and ran Zee Sports. In 2005, he was appointed business head of Zee TV where he ran the content for the entire network. In 2008, he took over as CEO from Pradeep Guha. [5]

Goenka is married to Shreyasi, an art patron and co-director of the Saat Saath Arts Foundation and they have two sons and a daughter.[6][7]

Legal issues

On 12 June 2023, the Securities and Exchange Board of India (SEBI) barred Punit Goenka, along with Subhash Chandra, from holding the directorial positions in any listed company. This action has been taken in response to allegations of siphoning off the funds for their personal benefits from their listed entities, as stated in SEBI's interim order.[8][9][10]

Achievements

During his tenure as a CEO, ZEE has won Dun & Bradstreet Corporate Award 2015,[11] IMC Fusion Award 2013 for Excellence in Media,[12] Businessworld Infocom ICT Award 2012 etc.

Awards and recognition

Goenka was awarded the Business Today ‘Best CEO Award’ in the Media and Entertainment category for 2016.[13] He has also received MIPTV's Médaille d'Honneur Award 2016,[14] Economic Times ‘40 Under Forty’ India's Hottest Business Leaders Award 2014,[15] the ‘Young CEO Award’ by CEO India magazine in 2015[16] and the IAA Leadership Award 2014 under the category of ‘Media Person of the Year Award’. Goenka has also been recognized as the ‘Entrepreneur of the Year’ during the Asia Pacific Entrepreneurship Awards 2014. Punit was felicitated as the ‘IMPACT Person of the Year’ in 2014.[17]

References

  1. ^ Kohli-Khandekar, Vanita (29 November 2016). "What is Subhash Chandra's Rs 22,535-cr Essel group up to?". Rediff. Retrieved 4 February 2020.
  2. ^ "Punit Goenka reappointed as MD and CEO for ZEEL". Business Insider. Retrieved 6 November 2019.
  3. ^ "Punit Goenka: The mark of Z". Live Mint. Retrieved 24 March 2018.
  4. ^ "Indian Broadcasting Foundation elects Punit Goenka as president". Economic Times. Retrieved 22 July 2017.
  5. ^ "Punit Goenka: The mark of Z". Live Mint. Retrieved 24 March 2018.
  6. ^ "Punit Goenka: The mark of Z". Live Mint. Retrieved 24 March 2018.
  7. ^ "Punit Goenka: Taking It To A Higher Altitude". Business World. Retrieved 13 June 2018.
  8. ^ "Zee Entertainment shares plunge 7% after Sebi bars Subash Chandra, Punit Goenka from holding directorial roles". indianexpress.com. 13 June 2023. Retrieved 13 June 2023.
  9. ^ "After Sebi order on Subhash Chandra, Punit Goenka, Zee share price falls over 6%". livemint.com. 13 June 2023.
  10. ^ "In the matter of Zee Entertainment Enterprises Ltd" (PDF). images.assettype.com. Retrieved 13 June 2023.
  11. ^ "Punit Goenka". www.nielsen.com. Retrieved 16 November 2017.
  12. ^ IMC Chamber of Commerce and Industry (1 March 2013), IMC Fusion 2013 Award for Excellence in Media Zee Entertainment Enterprises, retrieved 16 November 2017
  13. ^ Desk, India.com News (20 July 2017). "Punit Goenka, MD & CEO of ZEEL, Features Amongst Top 3 CEOs in Consumer Discretionary Space Across Asia". India.com. Retrieved 16 November 2017.
  14. ^ "ZEEL's leaders Punit Goenka, Amit Goenka receive MIPTV's top television honour | Latest News & Updates at Daily News & Analysis". dna. 7 April 2016. Retrieved 16 November 2017.
  15. ^ indiainfoline.com. "Punit Goenka receives The Economic Times – '40 under Forty' - India's Hottest Business Leaders Award 2014". Retrieved 16 November 2017.
  16. ^ "Punit Goenka receives 'Young CEO Award' | TelevisionPost.com". www.televisionpost.com. Archived from the original on 15 March 2015. Retrieved 16 November 2017.
  17. ^ "The silent leader: IMPACT Person of the Year 2014 Punit Goenka". Indian Advertising Media & Marketing News – exchange4media. Retrieved 16 November 2017.
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