Following the closing of of its technology media publications, United Business Media (UBM) India's managing director Joji George has left the company. Yogesh Mudras, head of finance at UBM India, will now take on the role of acting managing director at the company and the firm's website mentions the same. "Joji has moved on from the organization and I have currently taken over as acting MD," Mudras told MediaNama. UBM India sent a statement to MediaNama about Joji George's departure from the company: “ Joji George resigned and moved on to pursue other interests and the decision was agreed mutually with respect and acknowledgement of his role in driving UBM to a position of being market leader. The UBM Tech decision was a decision made on a regional basis and over several years . All market sectors change sometime. UBM India has grown during Joji’s tenure and as a company we wish him best for his career ahead.” In a statement to MediaNama, George told MediaNama that joining UBM India from a non exhibition background was an advantage for him, and helped identify gaps within the industry, saying that in 2014, the company achieved a "46% EBIDTA over previous years, in spite of losses of the already ailing tech media division. All loss making shows did a turn around and many lead shows like Renewable Energy, Jewellery, IFSEC and CPHI exceeded numbers in revenue and profit. New shows launched like Pharmalytica were profitable at inception." He also launched a business intelligence…
