Mumbai: The board of Asian Paints on Thursday appointed P.M. Murty as an additional director and a whole-time director. He will be designated as managing director and chief executive officer (CEO) effective 1 April, when the terms of Ashwin Choksi, chairman, Ashwin Dani, vice-chairman and managing director and Abhay Vakil, managing director come to an end.
The board at the same meeting appointed the three as additional directors in non-executive positions effective 1 April. Choksi will be the non-executive chairman, while Dani will be the non-executive vice chairman of the firm.