MAM
Y&R acquires majority stake in Turkish creative digital agency C-Section
MUMBAI: WPP‘s wholly-owned operating company Y&R, the global marketing communications network, has acquired a majority stake in the creative digital advertising agency based in Istanbul, Turkey CS Reklam Hizmetleri Sanayi Ve Ticaret A.?ž. (trading as “C-Section”).
Founded in 2004, C-Section specialises in creating microsites, apps, digital campaigns and video production/virals for the Turkish market.
The agency employs approximately 40 people and clients include Coca-Cola, Vodafone, and TEB BNP Paribas.
C-Section‘s unaudited revenues for the year ended 31 December 2012 were TRY 7.5 million, with gross assets as at the same date of TRY 3 million.
The agency will retain its distinct independent identity and will not be merged with Y&R Istanbul.
MUMBAI: In India’s fast-moving payments race, Visa has just swiped in a new leader. The company has named Suresh Sethi as its India country head, marking a key leadership shift as it sharpens its focus on digital payments growth in the market. Sethi steps into the role following his recent exit from Protean eGov Technologies, where he served as chief executive officer. He succeeds Sandeep Ghosh, who has moved on after more than four years at Visa to pursue an external opportunity.
The appointment comes at a time when Visa is doubling down on its expansion strategy across India and the wider region, deepening partnerships and accelerating adoption in an increasingly competitive digital payments ecosystem.
Sethi brings with him a broad, cross-market perspective shaped by decades of experience across corporate banking, retail financial services, mobile money and large-scale government technology initiatives. He began his career at Citigroup, where he spent 14 years working across India, Africa, South America and the United States, focusing on transaction banking services within the corporate bank.
His appointment signals a blend of institutional experience and market familiarity qualities that could prove critical as Visa navigates a landscape where fintech innovation, regulatory evolution and consumer adoption are all accelerating at once.
As digital payments in India continue to scale rapidly, the leadership change underscores a simple reality, in a market where every tap, scan and swipe counts, who leads the charge can matter just as much as the technology itself.
