Maedel to move to Asia
JWT international president Michael Maedel is relocating to Asia, with Toby Hoare, the executive chairman of JWT London, is poised to replace him as the network's Europe chief. <BR><BR> Maedel (pictured) earlier denied he would move permanently to the region. "It is a hugely exaggerated rumour," he said in a late-July interview. "I will spend more time in Asia. There are large amounts of opportunities we are looking at in terms of organic growth and acquisitions."