MAM
Havas picks up majority stake in Mediaxis MPG
MUMBAI: Fortifying its position in the Swiss ad market, global media group Havas Media has acquired its majority stake in Zurich based media group Mediaxis MPG.
Havas Media and MPG have been associated for the past nine years. The majority stake is in effect from today.
Mediaxis MPG will remain the group‘s main operational brand and founder Peter Hofstetter will continue as chairman and member of executive committee. The management of the company will remain on board as key elements on the new long-term joint expansion plan.
Mediaxis MPG is a qualitative media agency with a client list that includes Reckitt Benckiser, Danone, Lindt, Barclays and Hermes.
Havas Media CEO Alfonso Rod?©s said, “The Swiss market is a key market for Havas Media and I am delighted that following a prosperous nine year relationship, the management team have decided to further commit to the group and officially join our other 122 markets worldwide.”
Mediaxis MPG chairman Peter Hofstetter added, “We have all prospered as a result of our partnership and joining the Havas Media team is a natural step in further strengthening the group‘s operations in the Swiss market. The existing management team have committed to driving this group forward and look forward to continuing to benefit from Havas Media‘s tools and wider thought leadership activity such as its Meaningful Brands framework.”
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.
