Global Biz

Asia contributes most growth in global ad industry

By You Nuo (chinadaily.com.cn)
Updated: 2010-01-30 14:13

You Nuo

In his interview with China Daily during the World Economic Forum in Davos, Switzerland, John Wren, president and CEO of Omnicom Group Inc., one of the largest global advertising and communication service groups, said Asia has been contributing most growth in the global ad industry 2009-10.

Asia and developing economies are so important for the future, he said, that the future successor of his office in the Omnicom headquarters on New York’s Madison Avenue "must come from some Eastern background."

The author is senior consultant and business columnist at China Daily. He is currently in Davos for the Davos Forum. 

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