Asian Paints appoints former Ashok Leyland MD R Seshasayee as chairman

Asian Paints appoints former Ashok Leyland MD R Seshasayee as chairman

Daily Current Affairs / Asian Paints appoints former Ashok Leyland MD R Seshasayee as chairman

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Category : Appointment/Resignation Published on: July 29 2023

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R Seshasayee has been appointed as the Chairman of Asian Paints’ board of directors from October 1, 2023, to January 22, 2027.
He will succeed the current Chairman, Deepak Satwalekar, whose term is set to conclude on September 30 this year.
R Seshasayee, a Chartered Accountant, embarked on his professional journey with Hindustan Lever Ltd in 1971.
During his tenure at Ashok Leyland Limited, he held several significant roles, serving as the Managing Director from 1998 to 2011, followed by Executive Vice Chairman from 2011 to 2013, and subsequently as the Non-Executive Vice Chairman from 2013 to 2016.
Furthermore, he assumed the position of Non-Executive Chairman at IndusInd Bank from 2007 to 2019.
Seshasayee was designated as an Independent Director of Asian Paints Limited on January 23, 2017.
Asian Paints Ltd, based in Mumbai, Maharashtra, is an Indian multinational paint company.

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