Asian Paints has appointed Leo Puri as an Additional and Independent Director for five years, till September 6, 2031. He will takeover as Chairman from January 2027 after incumbent Chairman R Seshasayee’s term ends as an Independent Director.
Puri previously served as the Chairman, South & Southeast Asia for JP Morgan Chase; Managing Director and Chief Executive Officer of UTI Asset Management Company; Managing Director and General Partner at Warburg Pincus and Senior Partner at McKinsey & Company. An industry leader and financial sector veteran with four decades of experience, he presently serves as the Advisory India Chair, Apax, a global private-equity firm.
Besiders serving as the Chairman of Fortis Healthcare and lead independent director at Dr Reddy’s Laboratories, Puri also chairs the Governing Council of the Institute of Sustainability, Employment and Growth, a not-for-profit body that works with State and central governments on initiatives relating to renewable energy, smart cities and employment generation. He has also previously served as the Chairman of the Association of Mutual Funds in India and as a member of various government and regulatory advisory committees.