Meyer Plc announces the appointment of a new Managing Director

Meyer Plc, in a notice to the investing public, hereby notifies the Exchange of the appointment of Devashish Nath as its new Managing Director.

The company’s Board of Directors unanimously approved Nath’s appointment at a meeting, held on Tuesday, March 18, 2019. The appointment took effect from 1st February, 2019.

Recall, Mr Devavshish started his professional career in 1989 as a Production Chemist at Asian Paints. In 1992, he joined Shalimar Paints Limited, a company where he served as a Production Executive.

In 1994, Nath moved to Berger Paints Limited -Rajdoot Division, he served the company for three  years. Nath, in 1998, became an Assistant General Manager of Rainbow Paints and Chemicals Limited, where he served for 5 years. He then returned to Berger Paints India Limited as a General Manager. After serving 7 years at Berger Paints, he got the appointment to be Meyer Plc’s Managing Director.

A look at his education background , Nath has an M.B.A in Marketing and Systems at Sikkim Manipal University of Health, Medical, and Technological Sciences. He also has an M.Sc. in Organic Chemistry at the University of Lucknow.

About Meyer Plc

Meyer Plc, formerly DN Meyer Plc, was incorporated in Nigeria in 1960 and listed on the Nigerian Stock Exchange (NSE) in 1979. For nearly sixty years, it has been manufacturing and marketing wide-ranging, high quality industrial/marine paints, road lining paints, architectural paints, wood paints, roof lining paints, tube coatings, adhesives, etc.

In the past 56 years, Meyer Plc has undergone a series of corporate changes and re-branding. Formerly an offshoot of Hagemeyer Nigeria Limited, its name was rebranded to Meyer Paints in 1994, following Dunlop Nigeria’s acquisition of majority shares in the parent company.