AkzoNobel India appoints Jayakumar Krishnaswamy as MD

The maker of Dulux paints, AkzoNobel India has appointed Jayakumar Krishnaswamy as the new Managing Director of the company. The effective date of his joining will be notified by the company in due course.
 
Krishnaswamy replaces Amit Jain, who, upon taking on a larger role within the AkzoNobel group, had stepped down from his role as Managing Director of the company, effective December 31, 2013. However, Jain continues his association with the company as a Non-Executive Director on the board of AkzoNobel India.
 
Nihal Kaviratne CBE, Chairman, AkzoNobel India, said, “The appointment of Jayakumar Krishnaswamy augments the existing leadership of AkzoNobel India and raises the bar. Apart from infusing new energy to the Board, his appointment clearly demonstrates the company’s commitment to recognise and reward outstanding leadership capability, hard work and performance. I am confident that his ongoing contributions will go a long way in creating a world-class organisation.”