Yet another independent is swallowed up by WPP. Digital ad agency AKQA was formed in 2001 by Ajaz Ahmed, who will remain as CEO under the new owners. It will remain a stand-alone firm. Tom Bedecarré, the Chairman of AKQA will also become the President of WPP Ventures. Sir Martin Sorrell, CEO of WPP, said he was thrilled to welcome the new team.