Ashwin C Choksi, Non-Executive Chairman of India’s largest paint maker, Asian Paints passed away on Wednesday after a brief illness. “Shri Ashwin Choksi was the Chairman of the company for more than two decades and the company immensely benefitted from his vision and leadership. The sad demise of Shri Ashwin Choksi will be an irreparable loss to the company,” said the company in a release.
Though he belonged to one of the founder families of Asian Paints, he started his career in the company from the lowest level and was inducted into the Materials Function of the Company in 1965. Incidentally, Ashwin Choksi holds a Masters Degree in Commerce from Sydenham College, Mumbai.
He obtained detailed knowledge and understanding of the functioning of the Company during his stint under various capacities. His expertise in materials, sourcing, logistics and finance function along with entrepreneurial acumen and leadership qualities guided the Company when he rose to the position of Managing Director in the year 1984. In the year 1997, he went on to become the Executive Chairman of the Company. He ceased to be the Executive Chairman of the company with effect from 1st April, 2009 and remained as Non-Executive Chairman, a position which he went on to hold till the end.