Dentsu Aegis Network China is undergoing an internal restructure with two new senior appointments, including Motohiro Yamagishi appointed as new chief executive.
Phil Teeman has been promoted group managing director, while KF Lee will remain chairwoman along with Nubuaki Kyushima as chief operating officer.
Nick Waters, chief executive of Dentsu Aegis Network Asia Pacific, said: “The new Dentsu Aegis management structure in China represents the best in international and Chinese market experience. These changes form a balanced, strong and experienced team, well equipped to drive one of Dentsu Aegis Network’s largest businesses in the world.”
Yamagishi added: “I look forward to seeing more collaboration across the brands and to becoming one Dentsu Aegis Network here in China.”
Phil Teeman, group managing director of Dentsu Aegis Network China said: “The opportunity to work with a best-in-class management team to drive the integration of the company and grow the business is immense. I look forward to seeing Dentsu Aegis Network China flourish under the new management.”
To support the new management structure and integration, Dentsu Aegis Network will co-locate all of its businesses in Shanghai into one premises in the Xintiandi area.
Following the official establishment of Dentsu Aegis Network back in January earlier this year, this will be the biggest co-location to date with over 1,400 staff moving into one building – “indicating its ambition and determination to speed up full integration in the China market”, according to the group.
Lee and Yamagishi will report to Waters and Teeman will report to Yamagishi.