L&T Gets New CEO & MD

Engineering and construction major Larsen & Toubro (L&T) appoints SN Subrahmanyan as its new CEO and MD with effect from July 1.

AM Naik, who has been serving as Chairman since 2003, will become the non-executive Chairman for three years from October 1.

Subrahmanyan, who joined L&T in 1984, is currently the Deputy Managing Director and President of the company. He has a degree in civil engineering and is a post-graduate in business management.