MAM
WPP’s merged MEC and Maxus entity to be called Wavemaker
MUMBAI: The new billion-dollar revenue, media, content and technology agency to be created from the merger of MEC and Maxus will be named ‘Wavemaker.’
The brand, along with a new visual identity, will go live locally as the merger completes in each country, to be finalised by January 2018. Wavemaker will have offices in 90 countries and over 8,500 employees. Major global clients include L’Oreal, Vodafone, Marriott, Colgate-Palmolive and Paramount.
Making waves happens when media, content and technology come together – activating against our unrivalled purchase journey understanding for the clients we represent.
The brand mark Wavemaker reflects the agency’s heritage, born from WPP and GroupM.
MEC and Wavemaker’s global CEO Tim Castree, said: “Our purpose is to provide advertisers with the power to transform and grow their business through our Purchase Journey obsession; and importantly to do this through the integration of Purchase Journey insights and data with [m]PLATFORM, GroupM’s proprietary global audience technology. Our Wavemaker brand and positioning is a compelling manifestation of that purpose.”
GroupM global CEO Kelly Clark added: “Wavemaker is an exciting new global agency brand with a powerful proposition for clients. Tim and his team have the full support of GroupM’s scale, resources and expertise.”
Brands
Skoda VW India names Nitin Selot executive director for finance, IT and legal affairs
Selot to lead finance and IT at six-brand India operation
NEW DELHI: Škoda Auto Volkswagen India Private Limited has appointed Nitin Selot as executive director for finance, IT and legal affairs, effective 19 February 2026, as the carmaker sharpens its focus on India as a core growth market.
Selot will serve as chief financial officer of the Indian arm, overseeing financial steering, governance and technology transformation at a time when the group is reworking internal processes and tightening operational discipline.
The company manages six brands in India: Skoda, Volkswagen, Audi, Bentley, Lamborghini and Porsche and operates manufacturing plants in Pune and Chhatrapati Sambhajinagar.
Škoda Auto board member for finance, IT and legal affairs Holger Peters, said Selot’s appointment comes at a pivotal moment, with India now the company’s most important market outside Europe. Strengthening financial controls, improving governance and building long-term resilience are central to the group’s strategy, he added.
Skoda Auto Volkswagen India managing director and CEO Piyush Arora, said the group is entering a new phase driven by productivity gains and a stronger local-for-local approach. Robust financial planning and agile IT systems, he said, will be critical to sustaining momentum.
Selot brings 35 years of leadership experience across industrial, consumer and energy businesses. He has previously held senior roles at JCB India, Compass Group India, Shell and Mars Wrigley.
He holds an ACMA from the Institute of Cost & Management Accountants of India, an MBA in finance from the Institute of Management Technology, Ghaziabad, and an ACS from the Institute of Company Secretaries of India.
