Stocks
Asian Paints Taps JPMorgan Vet Leo Puri as Next Chairman
Asian Paints has named Leo Puri as its next chairman-designate. He will take over on January 23, 2027, after a five-year term on the board ends in September 2031.
Puri is a veteran of India's financial sector and has held senior roles at JPMorgan Chase, UTI Asset Management, and Warburg Pincus. He currently serves as India advisory chair at Apax and chairman of Fortis Healthcare.
The appointment comes as the company faces growing competition from new entrants like Aditya Birla Group and JSW Group, which have stepped up investments in decorative paints.