Berger Paints MD steps down



Berger Paints Nigeria Plc has announced the appointment of  Mr. Jatin Madan, its Chief Operating Officer, as Acting Chief Executive Officer (CEO) following the disengagement of the Managing Director, Mr. Tor Nygard, from the services of the company.

A statement from the company said Nygard stepped down at the expiration of his contract on January 31,  2015, and Madan would act in interim capacity pending the appointment of a substantive managing director

Nygard joined the company on November 2, 2009 as the Deputy Managing Director (designate) and moved on to become an executive director before being appointed as the managing director.  His tenure was associated with a number of reforms, including the expansion of the color world centers and the factory modernization project currently being implemented.

In a related development, the company has announced the appointment of Mr. Sanjay Datwani (British) to its Board.

Mr. Sanjay Datwani graduated from Boston University, Massachusetts, USA with a Bachelor degree in Business Administration.

He was the Managing Director of Clayton Finance Limited, a company which specializes in export of raw materials for Industry to West African region. He also worked as a property consultant and developer in the United Kingdom.

Source : SunOnline

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