Bureau, New Delhi
Dentsu Aegis Network has confirmed a double bill of leadership changes to its Australia and New Zealand leadership team, spurred by the immediate departure of chief executive Henry Tajer and chief financial officer Reg Davidson.
Ashish Bhasin, chief executive APAC commented: "Henry Tajer, CEO, Dentsu Aegis Network ANZ and Reg Davidson, CFO, Dentsu Aegis Network ANZ are leaving the company with effect from November 27, 2019. I believe this is the right decision for the network and market. Australia & New Zealand (ANZ) are important markets and have a critical role in our global business strategy. In 2019 our business in Australia continued to be impacted by local market and business challenges and I would like to thank Henry and Reg for their support during a difficult period. To help the market return to growth, the ANZ Leadership team have created a blueprint to enable much-needed transformation, one which will leave the business with stronger foundations and a more competitive local business model. As a Leadership team we are committed to all our regional markets as well as providing stability to our teams, business, clients and partners. Effective immediately, we have appointed Angela Tangas as CEO Dentsu Aegis Network ANZ & Jerome Whelan as CFO Dentsu Aegis Network ANZ, who will be instrumental in leading the business through its next phase of growth and into a successful 2020."
Dentsu Aegis Network also reaffirmed its commitment to its regional markets, viewing them as a key growth driver through 2020. The business has recently undergone a significant restructuring across Asia Pacific, including the closure of Amplifi, its Australian media innovation and investment division.