Balki appointed chairman of LoweBS Reporter / Mumbai December 12, 2007Lowe has appointed national creative director R Balakrishnan (Balki) as the new chairman and chief creative officer.Balakrishnan will be supported in his new capacity by Charles Cadell as chief executive officer. Cadell will join Lowe from Leo Burnett. Currently, he is CEO of Leo Burnett Malaysia and president, Asia Pacific of Arc Worldwide, a Leo Burnett-affiliated marketing services company based in Malaysia. Pranesh Mishra, president and chief operating officer of Lowe since 2004, will move as global director of marketing accountability. Stephen Gatfield, CEO of Lowe Worldwide and executive vice-president of IPG, said: "Lowe has enjoyed tremendous success in the Indian marketplace over many years. The new leadership team is equipped to continue this momentum as we enter into an era of explosive growth in a new communications landscape in which powerful, engaging ideas will be more important than ever." The new positions are effective January 2008, and all officials will be based out of Lowe