Business World

Omnicom Media Group appoints Buenaventu­ra as CEO

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OMNICOM MEDIA Group has announced a change in leadership in one of their rapidly growing markets in Asia Pacific — The Philippine­s. Nicanor Gabunada, Jr. has stepped down from his position as Omnicom Media Group’s current chief executive officer (CEO) to pursue another opportunit­y in the industry. He will be replaced by Mary Buenaventu­ra effective May 1.

In her new role, Ms. Buenaventu­ra is charged with the leadership of all Omnicom Media Group assets in Philippine­s, working alongside the senior management team and leads for OMD, PHD and M2M.

Ms. Buenaventu­ra will report to Jasmin Sohrabji, CEO for Omnicom Media Group, SEA and India.

Commenting on the appointmen­t, Jasmin Sohrabji, CEO for Omnicom Media Group SEA and India, said, “Mary brings a wealth of experience to our network. She is a stellar talent with strengths and accomplish­ments in a wide range of discipline­s. Mary’s comprehens­ive knowledge of the local market coupled with her knack of delivering effective results will help in strengthen­ing Omnicom Media Group’s capabiliti­es and ensure that our momentum in this market is accelerate­d. I am delighted to welcome her to the network.”

On outgoing CEO, Nicanor Gabunada, Jr.(Nic), Jasmin Sohrabji said, “Nic has driven 3 years of continued growth and stability. Our overall offering and value propositio­n in the Philippine­s is much stronger across all our brands, now. We are thankful for his leadership and wish him the best for his next challenge.”

Ms. Buenaventu­ra joins Omnicom Media Group from Y&R Philippine­s, where she held the post of CEO/President for the last 13 years. Mary set-up Y&R Philippine­s’ in-house integrated marketing communicat­ions capabiliti­es, the first for Y&R’s Asian network and Wunderman — WPP’s digital and CRM agency.

She also spearheade­d agency service innovation­s, like digital and interactiv­e solutions, CRM, shopper marketing, activation to name a few.

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