Albert David Ltd. announced that the board of directors on recommendation of the Nomination and Remuneration Committee, in their meeting held on January 23, 2017, have appointed Mr. Tarminder Singh Parmar as the Chief Executive Officer (CEO) of the company with effect from January 24, 2017, in place of Mr. H. P. Kabra who was hitherto acting as CEO of the company. Mr. H. P. Kabra will continue as Wholetime Director of the company.