Uday Shankar, President, The Walt Disney Company APAC and Chairman, Star & Disney India, has decided to step down from the positions, according to the announcement made by Rebecca Campbell, Chairman of Disney’s Direct-to-Consumer & International segment. The resignations will be effective as of December 31,2020.
Prior to this, Uday was the president of 21st Century Fox for Asia and the chairman & CEO of Star India.
“I want to thank Uday for his leadership and dedication to our APAC business. With the successful launch of Disney+ throughout the region, he has helped put The Walt Disney Company in a commanding position in this dynamic and incredibly strategic part of the world. His vast experience and expertise have been invaluable in bringing together a strong, cohesive APAC leadership team to chart a path forward for our streaming businesses in the region and beyond,” said Campbell. “Uday has been a great friend, colleague and valued counselor to me personally, and I know I speak for all of DTCI when I say he will be greatly missed. At the same time, I understand and respect his desire to make this change. I am extremely grateful that he has agreed to stay on to help ensure a seamless transition.”
Speaking on his journey so far, Uday Shankar said, “I have always believed in the power of creativity and cutting-edge technology to create a better world and consider myself incredibly fortunate to have had the opportunity to do so at Star, 21CF and now at The Walt Disney Company. As I look back on this journey, I take pride in having set ambitious goals in my professional career, and achieving all that we set out to do. For some time now, I have been contemplating the question of how I give back to the country, community and the industry that have given me so much. I think the best way to express my gratitude to all of them will be to support and mentor a new generation of entrepreneurs as they set out to create transformational solutions that will have a positive impact on countless lives. I intend to partner with global investors and pioneers to achieve this.”
Uday was the former president of Indian Broadcasting Federation (IBF). Currently, he is holding the position of senior vice president of FICCI (Federation of Indian Chambers of Commerce and Industry).
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