Mumbai, May 24 -- NP Singh, managing director and CEO of Sony Pictures Networks India (SPNI), will step down from his post but remain with the company till it finds a suitable replacement.

In an internal mail to employees, Singh said, "After nearly 44 years in my career, including a rewarding 25-year tenure at SPNI, I have decided to move on from my role as MD and CEO. Having reached many significant milestones with our team, I am now ready to focus on social change and shift from operational roles to advisory ones."

He said the company has begun a structured succession planning process to find his successor and "hope to have exciting news to share" in the near future.

"Finding the right fit is our top priority," he wrote.

A long-time...