Asian Paints Limited is reshaping its governance with a notable slate of independent directors. The company has announced the appointment of Sudhir Sitapati as Independent Director effective 29 May 2026, while Milind Sarwate has been re-appointed as an Independent Director for a fresh five-year term beginning 21 October 2026 and ending 20 October 2031. The appointments received shareholder backing at the company’s AGM held on 9 July 2026, underscoring a collective push to strengthen board oversight and strategic guidance.
Sudhir Sitapati, 49, currently serves as Managing Director and Chief Executive Officer of Godrej Consumer Products since 2021. His leadership has steered transformation and growth in emerging markets, complemented by a robust career at Unilever across India, Europe, Southeast Asia, and Africa. Sitapati holds an MBA from the Indian Institute of Management, Ahmedabad, and a BSc in Mathematics with Economics Honours from St. Xavier’s College, Mumbai. He is also known for authoring The CEO Factory and engaging with the arts community through Us Paar, a performing arts residency.
Milind Sarwate, 66, brings four decades of experience across finance, governance, audit, risk management, and strategy. An Independent Director on multiple boards, including Asian Paints, CEAT, Mahindra & Mahindra Financial Services, OmniActive Health Technologies, and Viyash Scientific, he is the founder of Increate Value Advisors LLP and Increate Social Value Advisors & Resources LLP. His career spans leadership roles in consumer products companies such as Godrej Soaps (now part of Godrej Consumer Products) and Marico, with recognized expertise in financial stewardship, corporate governance, and risk management. Sarwate’s governance track record is complemented by industry accolades and a long-standing focus on value creation for stakeholders.
Together, Sitapati’s consumer-turned-corporate leadership and Sarwate’s governance and financial stewardship are positioned to bring fresh perspectives and seasoned oversight to Asian Paints’ board as it navigates growth, efficiency, and strategic transformation in a dynamic market landscape.