4 February 2010, Singapore - DyStar’s owner, Kiri Holding
Singapore Private Limited, has appointed Manish Kiri as the company’s new
President and Chief Executive Officer (CEO). Effective February 4, 2010 Manish
Kiri will replace J Mark Allan J. Mark Allan, will remain with the company as a
Strategic Advisor for a period of 6 months to assist in the transition of duties
and responsibilities, the company said in a statement issued this afternoon.
“Manish Kiri, together with the other members of the
management team will ensure the stability and continuity of the company and
drive it forward,” the company said.
“This partnership of
DyStar and Kiri Dyes & Chemicals will produce an effective and strong
global player in the Dye-Stuffs market and I wish Manish and the management
team all the success in returning DyStar to the central stage where it belongs,”
commented J. Mark Allan.
“J Mark Allan has been very instrumental bringing and initiating
positive changes in DyStar, we will continue the path of good restructuring
work that he started. His advice and guidance in future would be very valuable
in creating a sustainable future for DyStar and strengthening its leadership,”
Manish Kiri.
