MAM
JWT to wholly own Turkish agency
MUMBAI: JWT, WPP‘s wholly owned operating company, has agreed to acquire the remaining stake in Istanbul based full service agency Manajans Thompson Reklam Isleri A.S.
WPP held a minority stake in Manajans since 1985 and will, following completion, own 100 per cent of Manajans.
Manajans was founded in 1944 Manajans and employs approximately 70 people with clients like Bayer, Nokia, Shell, Turkcell and Ülker. It generated 8 million Turkish lira (?2.85 million) in revenues in 2011.
In a statement released to the press, WPP said, “This investment continues WPP‘s strategy of investing in fast growing markets and sectors, such as the Next 11 (which includes Turkey) where WPP employs 10,000 people and generates revenues (including associates) of around $800m.”
WPP already employs nearly 1,000 people in Turkey generating around $100 million in annual sales.
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.
