Jenny Chan 陳詠欣
Feb 25, 2013

OMD wins China Guangfa Bank's full media business

GUANGZHOU - OMD has won new business from China Guangfa Bank (CGB) to handle media planning and buying, after a competitive three-way pitch against Mindshare and Carat.

OMD wins China Guangfa Bank's full media business

The pitch started in November 2012, with the scope of work won covering non-CCTV media planning and buying for the client's corporate brand image, as well as personal banking and credit card products.

“CGB has taken up a significant proportion of advertising in local areas, with its adspend ranking among the top positions of local corporations,” said SiewPing Lim, CEO of OMD China.

The win represents one of OMD's major accounts in the Guangzhou office, Lim added.

Danny Xu, managing director of OMD Guangzhou, added that digital media is one of the main focuses of CGB, which OMD will be supporting with its "powerful analyzing ability and comprehensive data collection methods in the commercial realm".

The agency's "models and structures", such as real-time bidding (RTB) techniques and a dedicated ad monitoring team played a role in its selection, according to Xu.

CGB is headquartered in Guangzhou. Its creative agency is currently Y&R.

Source:
Campaign China

Related Articles

Just Published

13 hours ago

Google cuts 200 jobs in a core business unit

The redundancies are in a department responsible for sales and partnerships and part of a broader cost-cutting move as Google invests $75 billion in AI and data centres.

14 hours ago

Why sports marketing should lean into intimate, ...

In a world shaped by Gen Z and hyper-local engagement, the winning brands aren’t the loudest—they’re the ones that create authentic experiences that foster belonging and build trust.

14 hours ago

Is AI financially beneficial for agencies?

AI promises speed, efficiency—and fewer billable hours. So why are ad agencies investing millions in a tool that threatens their bottom line? Campaign Red digs into the tension between progress and profit.

15 hours ago

How Want Want cracked Japan’s competitive confection...

Campaign speaks to Tony Chang of the iconic Taiwanese food brand to learn about the brand’s strategy in penetrating the Japanese market, and the challenges of localisation.