Asian Paints Appoints Deepak Satwalekar as Chairman of Board

The paint major on 23rd June announced that its board approved the appointment of Deepak Satwalekar, independent director, as the Chairman of the board and the company from 29th June 2021. Deepak Satwalekar will continue as the Chairman of the board and the company till the conclusion of his tenure as an independent director on the board up to 30 September 2023. Satwalekar will supersede Ashwin Dani as chairman. Ashwin Dani shall continue to be on the board of the company as a non-executive/promoter director. Meanwhile, the paint maker informed that Manish Choksi shall continue to be the non-executive Vice Chairman of the company.