The Board of Kansai Nerolac Paints (KNPL) has announced the appointment of Anuj Jain as the Managing Director of Kansai Nerolac Paints, with effect from April 1, 2022. Jain succeeds HM Bharuka, Vice-Chairman and Managing Director of KNPL who will be superannuating on March 31, 2022.
Bharuka joined KNPL in 1985, becoming its Managing Director in April 2001. The hallmark of his tenure of 21-years as Managing Director has been the superlative and consistent topline and bottom-line performance year-on-year over his entire tenure, that has made KNPL a crown jewel for Kansai Paints, Japan. Under his leadership, KNPL won numerous accolades in a variety of areas notably the Golden Peacock Award for Corporate Governance, Best Managed Company by Business Today, Great Place to Work by GPTW and recognition as an ESG leader in India by CRISIL.
Bharuka featured amongst India’s Top 50 CEOs and was awarded a life-time achievement award by the Indian Chemical Industry. Bharuka served as the first non-Japanese Director on the board of Kansai Paints, Japan. He is also credited for leading KNPL’s expansion into the Indian Subcontinent.
The Board of Directors thanked Bharuka for his contributions to the company.
Jain joined Kansai Nerolac Paints in 1990 as a management trainee. In his tenure over 30 years at KNPL, he has worked in various capacities across various functions and brings a wealth of experience. He has been on the Board of KNPL in the capacity of Executive Director from April 1, 2018.
Jain said, “I am deeply grateful to the Board and Kansai Paints, Japan for giving me an opportunity to not just be a part but lead this esteemed organisation. I look forward to continuing the rich history of this company and build on the legacy of Mr Bharuka to take the company to greater heights”
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