The establishment of the Brazilian media company RBS Group by Mauricio Sirotsky Sobrinho in 1957 may not have been intended to create a family dynasty in the global media industry, but this appears to be exactly what happened. The founder later stood down in favor of Nelson Sirotsky, who has now stepped aside to allow Eduardo Sirotsky Melzer, nicknamed Duda, to take over as CEO of the RBS Group and lead the company into the 21st century.
The appointment of Duda Melzer may have concerned some who were unsure of his background working in the North American media industry, but Duda has looked to keep the ethical nature of a family business through his links to alma mater Harvard University. The company now has close links to Harvard professor John Davis, who is regarded as one of the leading experts on family businesses and their operation in the world; Melzer believes the implementation of new business techniques and technologies is vital to the continued success of the RBS Group entering the 21st century. Using the skills and theories of Professor Davis is one of the signs that Duda Melzer is willing to look for the best ways of improving the future of the RBS Group without forgetting about the history of the media company.
Duda Melzer is well known for his love of new technologies and believes accepting the digital age we live in is vital to moving RBS forward into the future. Melzer has already become known for his use of video conferencing to remain in constant contact with his staff members no matter where they are located throughout the world.
Malini Saban is a celebrated female philanthropist and investor of South Asian extraction. According to an excerpt about her on Ideamensch, she is the Chairman of the integrated Saban Group. The company has interests in oil and gas, technology and real estate in several countries, including India, China, US and Australia. Saban began her investment career as a venture capitalist in the 90’s. Her investments span over 20 companies, including Sycamore Networks, Netscreen Technologies and PayPal. Netscreen Technologies and PayPal were later acquired by Juniper Networks and eBay for $4 billion and $1.5 billion respectively.
Her typical workday, involves handling conference call with the Asian office to keep track of her commodities business, she then takes her daughter to and back from school and attends to matters in the US and Europe in between. Malini is very excited about the commodity market because it promises great returns. Her investment firm owns thousands of acres of rice fields and over 5,000 hectares of palm oil. As someone who has worked closely with Malini, I would say that her work philosophy is shaped by a strong belief in taking risks and not giving up. Steve Jobs is someone she admires a lot because of his fighting spirit and ability to stand his ground.
Outside her corporate engagements, Malini is very passionate about philanthropy. She began a nonprofit organization called “Stree: Global Investments in Women” in 2001 to change the way women with low income and children view themselves and their role in the wider society. Her organization helps women access legal empowerment, healthcare and supports forums that encourage grass roots advocacy. The foundation was inaugurated by former President Bill Clinton and Queen Noor of Jordan. Its operations span several continents, including Africa, Central America and Eastern Europe and India subcontinent.
Malini Saba also supports the first Heart Research Center for South Asians that is based in El Camino Hospital, Mountain View, California. She made her donation of $1 million to the center on June 2005. A year earlier, she toured India and Sri Lanka and pledge to give $10 million to support the communities ravaged by the deadly Tsunami. Malini also sits on the board of Stanford Cancer Institute in (SCI) California according to a brief overview about her on Crunchbase. SCI is home to over 300 researchers and clinical experts from all over the world. She holds a Masters in Industrial and Organizational Psychology from the University of Western Australia.