Karan Bajaj, head of Discovery Communication India, has relinquished his post. He will be moving on to pursue his own “entrepreneurial ambitions”.
Even as Bajaj has put in his papers, he will continue to serve in his present position till the time Discovery India finds his substitute.
The Discovery India team has been formally informed about the development. Discovery Network International President and CEO JB Perrette in an official mail has informed the India team about Bajaj’s plans to move on.
“I want to let you know that Karan has decided to move on to pursue his own entrepreneurial ambitions. Karan has embodied many of our company’s guiding principles… purposeful as he passionately lead a bold wing to create a new type of purpose driven GE channel in India with Jeet; a creative dreamer who believed we could invest in a great team, one who could take our small kids channel from the lowest rankings to being a top three kids network; consumer obsessed by launching new digital products that focus on making our brands and content more relevant to India’s exploding digital consumers,” Perrette has stated in the mail.
“I want to thank Karan for his dedication and contributions to Discovery over the last two years and we wish him all the best as he embarks on his next chapter,” read the mail. “The company looks forward to continuing with same rigour and ambition, even as the leader in India is poised to change shortly.”
Commenting on the replacement, Perrette wrote, “Karan has agreed to continue to stay in his current role and lead our India team and business until we select a replacement, so for the next few months it will be business as usual.”
Bajaj had joined Discovery India in 2016 as head of India and South Asia at Discovery Networks.
An Indian American, Bajaj is also a fiction writer who has penned best sellers Keep Off the Grass (2008), Johnny Gone Down (2010) and The Seeker (2015). A management graduate from the Indian Institute of Management, Bangalore, Bajaj was selected as one of the top ten young business leaders of India by the Aditya Birla Foundation. He has earlier worked as a Director for Kraft Foods, a Brand Manager for Procter & Gamble and a management consultant for the Boston Consulting Group in India, the Philippines, Singapore and the US, and was nominated a “Top 40 under 40 marketer in the U.S.” by Advertising Age in 2007.