MAM
Amazon’s Amit Agarwal appointed as IAMAI chairman
MUMBAI: Amit Agarwal, senior vice-president, Amazon and country manager, India, has been appointed as the new chairman of Internet and Mobile Association of India [IAMAI]. He assumes office at a time when the industry is going through a growth trajectory with more than 500 million internet users in India.
Commenting on his appointment, Agarwal said, “This is an exciting phase in the growth story of internet in India. As the internet revolution continues to be a socio-economic leveler, offering barrier-free access to Indian customers and small businesses in the remotest areas, I am excited that we are coming together as an industry to help truly harness the potential of the internet and emerging technologies such as AI in addressing India-specific problems at scale. I look forward to IAMAI continuing to offer a thoughtful platform for the industry to collaborate with the government, academia & think-tanks and other relevant stakeholders to leverage the digital ecosystem and contribute to India's growth."
He added, "We will continue to offer evidence-based insights to not only be trusted as thought leaders in the emerging areas of tomorrow but also in the debates today. The association remains committed therefore to bring forward non-partisan leading reports that include multiple perspectives to help lay the road map for achieving the 1 trillion dollar digital economy along with job creation, improving livelihood and contribution to the overall GDP of the country."
Apart from Agarwal, there have been certain other key appointments at IAMAI. Yatra co-founder and CEO Dhruv Shringi has taken up the charge as vice chairman. He succeeds MakeMyTrip founder and group CEO Deep Kalra.
Times Internet vice chairman Satyan Gajwani has been elected as the new Treasurer of the association. Dr. Subho Ray continues to be the president of the association. The tenure of the new council is for two years.
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.
