Rakesh Rao leaves Crown Paints after 20 years at the helm

Rakesh Rao has exited as Crown Paints CEO after two decades. 

Photo credit: File | Nation Media Group

Crown Paints’ long-serving chief executive officer Rakesh Rao has stepped down after 20 years, during which the company recorded major growth in earnings and sales, and expanded into the regional market.

He has been replaced by Mustafa Turra effective October 1, 2025.

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