MUMBAI — The Board of Directors of Asian Paints Limited has approved the appointment of Leo Puri as an Additional and Independent Director for an initial five-year term, effective September 7, 2026.
The induction brings four decades of global finance, corporate strategy, and private equity experience to the board of India’s leading paints and decor enterprise.
Strategic Appointment & Governance Matrix
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Listed Entity: Asian Paints Limited (NSE: ASIANPAINT / BSE: 500820).
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Appointee: Leo Puri.
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Designation: Additional and Independent Director (Non-Executive).
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Tenure: First term of five consecutive years, effective September 7, 2026 (subject to shareholder approval).
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Regulatory Compliance: Disclosure filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Executive Profile & Concurrent Board Leadership
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Current Primary Position: Advisory India Chair, Apax (Global Private Equity Firm).
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Active Board Roles:
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Chairman & Independent Director: Fortis Healthcare Limited.
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Lead Independent Director: Dr. Reddy’s Laboratories Limited.
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Independent Director: Amadeus IT Group (Madrid, Spain).
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Public Policy Leadership:
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Chairman, Governing Council: Institute for Sustainability, Employment and Growth (Policy advisory working with Central and State governments on renewable energy, smart cities, and job creation).
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Key Historical Leadership Roles:
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JP Morgan Chase: Chairman, South & Southeast Asia.
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UTI Asset Management Company: Managing Director & Chief Executive Officer.
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Warburg Pincus: Managing Director & General Partner.
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McKinsey & Company: Senior Partner.
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Industry Bodies: Former Chairman, Association of Mutual Funds in India (AMFI).
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