Mumbai: Clement Schwebig has been promoted to chief financial officer at Turner Asia Pacific, in addition to his current position as senior VP of business development, licensing and China.
Schwebig joined Turner Asia Pacific in 2013. Since then, he has helped to create new local and pan-regional channels, and develop local content opportunities to further Turner’s presence in the market. He has also led the company’s growth strategy across the region in the digital space, as well as its consumer products and location-based entertainment businesses.
Shitiz Jain, who has been serving as senior VP of finance at Turner AsiaPac, is leaving the company to pursue a new opportunity at the end of next month.
Ricky Ow, the president of Turner Asia Pacific, commented,“We are delighted that Clement has agreed to take on the additional responsibilities of CFO. He is a seasoned media executive with substantial experience encompassing all aspects of business operations in TV broadcasting and production, including strategy, finance and sales. With his new responsibilities as CFO, Clement will play an even more active role in shaping the strategy and direction for Turner APAC as it transforms into a data-informed, fan-centric media company.”
Ow continued, “As a core member of my management team, Shitiz has provided invaluable strategic and financial counsel for the APAC and Turner International executive teams. We are very grateful for the significant contributions he has made, and his help in evolving the business rapidly in order to meet consumer demand and technological change. We wish him success in his next venture.”
Shitiz Jain said,“I have truly enjoyed working with Ricky and the Turner team as we worked on transforming the network and developing new opportunities particularly in kids’ and Asian entertainment. It has been a great experience.”
Trey Turner, the chief financial officer at Turner International, stated,“With his strong financial acumen and experience combined with his deep understanding of our business in Asia Pacific, Clement is ideally suited to lead the finance operations of Turner APAC. I’m confident the financial management of our APAC business will continue to be very well managed in his capable hands and he will make even greater contributions in driving our APAC business forward. I would also like to express our gratitude and appreciation for Shitiz’s strong leadership of Turner APAC finance operations over the last three years. He leaves us with very best wishes for his future endeavors.”
Schwebig added: “I’m grateful for the confidence Ricky and Trey have placed in me. I could not be more thrilled to be working with them and the rest of the Turner APAC team, as we chart new growth and opportunities during this exciting period for the industry.”