| | NOVEMBER 20248Visa, the digital payments leader, has appointed Rishi Chhabra as the new Country Manager for India. In this role, Rishi will oversee Visa's operations in India, manage key client relationships, and lead the implementation of strategic initiatives for the market.Rishi will work closely with cross-functional teams in India and across Asia Pacific to drive Visa's India agenda. He will report to Sandeep Ghosh, Group Country Manager for India and South Asia, which includes the markets of Sri Lanka, Maldives, Bangladesh, Nepal, and Bhutan"I am excited to lead Visa's efforts in India," said Rishi Chhabra, Country Manager for Visa India. "With Visa's exceptional team here, we will continue to drive financial inclusion and digital growth, especially for small and medium enterprises. By leveraging Visa's trusted brand, we aim to enhance the value we deliver to clients, partners, and consumers, ensuring secure and innovative digital payment solutions".Sandeep Ghosh, Group Country Manager for Visa's India and South Asia markets, said, "His leadership will be crucial in reinforcing Visa's commitment to the Indian digital payments ecosystem, delivering top-notch services to consumers and businesses."Rishi Chhabra joined Visa in 2023 as VP and Head of Merchant Services & Acquiring for India and South Asia, where he played a key role in driving Visa's relationships with merchants, acquirers, and co-branded partners. With over two decades of experience in financial services and payments across the US, India, and Sri Lanka, Rishi has held leadership positions at companies including Fiserv, First Data Corp, PayPal, JP Morgan, ABN AMRO, and General Electric.Rishi holds a Master's degree in Industrial Engineering from The Ohio State University and a Bachelor's degree in Mechanical Engineering from the University of Mumbai. During his inaugural visit to India' Mustafa Suleyman, Microsoft CEO of AI, shared his transformative vision for artificial intelligence, emphasizing a shift towards emotionally intelligent, people-first AI solutions.Suleyman, known for co-founding DeepMind, outlined a bold roadmap that places personal well-being and user-centric design at the core of AI development. His approach aims to reshape digital interactions, promoting an AI ecosystem that feels less like a tool and more like a compassionate companion.Highlighting the overwhelming amount of digital noise people face daily from constant notifications to endless choices Suleyman pointed out how these stimuli often lead to stress and decision fatigue. His vision for AI includes creating ` companions' that are responsive to user's individual needs and communication styles, ultimately providing a `quieter, softer, and calming' digital experience.He envisions an AI that actively learns each user's preferences, adapting its responses to support personal and professional goals while simplifying information to reduce cognitive load. In his presentation, Suleyman emphasized that intelligence underpins human progress-from product innovation to societal structures, AI, he asserted, should now evolve from simply enhancing efficiency and productivity toward supporting individual well-being. He believes that this shift will make AI more beneficial and accessible, tailoring experiences to individual users rather than a one-size-fits-all model.The conversational interface Suleyman advocates marks a further departure from static apps and websites.He described this shift as essential to human-centred AI, noting that Microsoft is already developing prototypes of such ` companion AI' technologies.While Suleyman acknowledges that achieving this vision is a journey still in its early stages, he remains optimistic. His goal is not just to push the boundaries of AI innovation but to create tools are profoundly supportive, ultimately enhancing user's sense of control and well-being in an increasingly complex digital world. MUSTAFA SULEYMAN SHOWERS PRAISES ON GROWING INDIAN AI MARKETVISA NAMES RISHI CHHABRA AS NEW COUNTRY MANAGER FOR INDIAIN FOCUSIN FOCUS
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