Asian Paints Taps Financial Veteran Leo Puri as Chairman-Designate

Asian Paints has appointed Leo Puri as its chairman-designate, effective January 23, 2027. This marks a significant leadership transition for India's leading paint manufacturer. The company has also added Puri to its board of directors for a five-year term.

Puri brings extensive experience across India's financial and investment sectors. He previously held senior leadership positions at JPMorgan Chase, UTI Asset Management, and global private equity firm Warburg Pincus. His current roles include serving as the India Advisory Chair at Apax and Chairman of Fortis Healthcare.

As chairman-designate, Puri will take charge at a crucial period for Asian Paints. The Indian decorative paints market has witnessed increasing competition from well-funded conglomerates and new entrants expanding their presence.