Vietnam – GroupM, a WPP media investment group, has elevated media agency veteran Nitin Kumar to the role of chief investment officer at GroupM Vietnam. Kumar will be based in Ho Chi Minh, Vietnam and will assume the position on 1st July 2022, taking over the reins previously held by Huyen Trinh.
Formerly the Principal Partner of Products at GroupM Indonesia, Kumar has spent more than one and a half decades immersed in the media and marketing industry. From client leadership to trading, investment, general management and most recently, products development, Nitin accumulated a wealth of experience across key remits at the world’s biggest media investment company including significant tenures at GroupM agencies – Wavemaker and Mediacom.
Nitin has worked with a star-studded roster of clients including P&G, Heinz, Coca-Cola, Wipro, Airtel, Del Monte and many other brands across India, Malaysia, and Indonesia.
Nitin will report to both Himanshu Shekhar, CEO of GroupM Indonesia, Thailand and Vietnam as well as Anita Munro, GroupM’s chief investment officer for Southeast and North Asia, who also chairs the APAC Investment Committee.
Commenting on his appointment, Kumar said, “I am thrilled to join GroupM Vietnam whose roster of local and global advertisers makes for an eyewatering portfolio. Together with my investment team, I look forward to leaning into our local and regional partners to create differentiated and market-leading advantage for brands. We will help our clients unlock even more premium content, data, and first-look rights as well as offer beta testing and priority access to premium inventories.”
Himanshu Shekhar, CEO of GroupM Indonesia, Thailand & Vietnam, shared, “Nitin’s all-round expertise in media strategy, planning, negotiations, trading and product development makes him a highly valuable leader to drive our investment vision and roadmap for Vietnam. This is one of the fastest-growing markets in Southeast Asia with latent potential, and I’m confident that with Nitin’s entrepreneurial skills and commercial acumen, he will be able to lead the team to extract maximum value for our clients in a rapidly evolving digital media ecosystem.”
Meanwhile, Anita Munro, chair of GroupM’s APAC Investment Committee, said, “GroupM Vietnam has built a strong investment legacy that will be further advanced with Nitin at the helm. As he focuses on enhancing the partnerships in-market and augmenting our investment capabilities across all channels, our clients will be able to enjoy far-reaching value.”
Munro added, “In partnership with our regional investment team, Nitin will lead the delivery of GroupM’s Responsible Investment Framework in Vietnam that entails building a diverse, sustainable and high-quality media ecosystem that our clients can invest in confidently now and in future.”