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Former ITV Chief Product Officer, Bagchee now leads CNBC International business operations across Asia Pacific, Europe, the Middle East, Africa and Latin America.

As of September 1, the Spanish executive will be responsible for leading the adaptation of ITV Studios’ reality, factual, dating and game show formats.

First half underlying earnings are up 40%. On one hand, we are confident of an increase in underlying earnings for the full year; on the other hand, we forecast flat advertising revenue in Q3. The growth in total ad revenue was offset by a decline in production business ITV Studios, which felt the impact of last year's U.S writers' and actors' strike.

The UK company has a broad slate of exceptional returning drama and comedy series, produced for global broadcasters and platforms including the BBC, ITV, Netflix and Prime Video.

The show's versions in both regions are expected to premiere this September.