Asian Paints, the largest paint manufacturer in the country, has informed that Mr K B S Anand, Managing Director & CEO will be retiring from the Company on 31st March, 2020. Mr. Amit Syngle (age, 53 years), presently Chief Operating Officer of the company, will succeed Anand as the Managing Director & CEO with effect from 1st April, 2020.
Mr Anand had joined the Company in the year 1979 and held various positions in Decorative Business Unit /Industrial Business /Chemical business functions of the Company. From the year 1998 to 2008, he served as Vice President -Sales and Marketing for the Decorative Business Unit of the Company. Prior to his appointment as Managing Director & CEO, he held the position of President Decorative Business Unit. Mr. Anand was appointed as the Managing. Directors & CEO effective 1st April, 2012.
Amit Syngle, a Mechanical engineer and a Postgraduate in Management has been working with Asian Paints since the last 29 years in various capacities across Sales, Marketing, Supply Chain & Research and Technology. He became the President in 2012 and was responsible for not only the Sales & Marketing at Asian Paints but also headed the Research & Technology function across the organization where he ushered a huge culture of Innovation, which has seen more than 75 innovative launches over the last 5 years. He currently is the Chief Operating Officer (COO) for the last two years, heading the Indian Decorative business of more than US$ 2.5 billion. He is also a member of the Colour Marketing Group (CMG), USA and has been honoured with various awards by the Indian and International Marketing fraternity.