Paints and coatings company Akzo Nobel India today announced the appointment of Amit Jain as the chairman, with effect from August 15.
Jain -- who has been on the board since 2009 and served as the managing director from 2009 to 2013 -- will take over from Nihal Kaviratne CBE, the company said in a statement.
Kaviratne will not be seeking re-election as the Chairman to the Board of the Company at the Annual General Meeting (AGM) scheduled to be held on August 14, 2017, due to other commitments, it said.
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Jain brings with him three decades of experience in leadership roles across Asia and Europe. He was associated with Coca-Cola and Viacom/MTV in Asia earlier.
Shares of Akzo Nobel India were trading at Rs 1,894.95, up 1.10 per cent on BSE.
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