AkzoNobel focus decorative paints business in China, hires new MD

AkzoNobel to focus on decorative paints business in China, hires new MD

3:07 PM, 8th June 2011
AkzoNobel to focus on decorative paints business in China, hires new MD
AkzoNobel headquarters.

AMSTERDAM, THE NETHERLANDS: AkzoNobel’s strategic medium-term growth ambitions to double revenue in China, from $ 1.5 billion to $ 3 billion, will be further fuelled by the appointment of Lin Liangqi as the new Managing Director, Decorative Paints for China & North Asia. As the company looks to accelerate its strategic growth agenda in the region, Lin – who joins from Philips Lighting – will be charged with using his extensive experience and expertise to drive further growth in one of the world’s most dynamic markets.

 

Due to officially take up his new position on April 1, he was most recently CEO at Philips Lighting Greater China and has held several key roles within the company, which he joined in 1994. “Lin’s strong leadership abilities, coupled with his strategic vision will be instrumental in further building a strong Dulux brand in the dynamic mid-tier Chinese market, making the most of our ever-expanding network of close to 4,000 controlled stores,” said Tex Gunning, AkzoNobel’s Executive Committee member, Decorative Paints. “His extensive experience – notably in China and India – will help us achieve our business ambition of significantly increasing the Dulux brand’s market share in the next five years,” added Gunning.

(C) WOC News

 

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