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MAM

Ambi MG Parameswaran re-elected as AAAI president

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MUMBAI: Advertising Agencies Association of India (AAAI) has re-elected FCB Ulka Advertising executive director Ambi MG Parameswaran as president for the year 2015 – 2016.

 

Additionally, Publicis Communications CEO-South Asia Nakul Chopra was also re-elected as vice president of the association.

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Parameswaran and Chopra were re-elected at AAAI’s annual general body meeting held on 31 July, 2015.

 

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The other members of the executive committee are as follows: Ashish Bhasin, CVL Srinivas, Ganesh Baliga, Jaideep Gandhi, Kunal Lalani, Nagesh Alai, Pranav Premnarayen, R Sridhar, Rana Barua, Sam Balsara, Srinivasan K Swamy, Tarun Rai and Vivek Srivastava.

 

AAAI immediate past president Arvind Sharma will be the ex-officio member of the new AAAI executive committee.

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MAM

Visa appoints Suresh Sethi as India country head

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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.

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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.

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