After 20 years as Crown Paints CEO, Rakesh Rao exits. Will he take up an entrepreneurial leap at 60?

Rakesh Rao, outgoing Group CEO Crown Paints Kenya Plc, during the interview at the Nairobi Serena Hotel on April 14, 2021.

Photo credit: File | Nation Media Group

After nearly three decades as an employee—more than half of them as chief executive of Crown Paints—Rakesh Rao longed for the day he could start a business of his own.

Entrepreneurship, he believed, would finally give him “peace of mind." In an April 2021 interview, he said he had given himself about three years—around now, as his two sons settled into their paths—to actualise the dream.

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