S.N. Subrahmanyan has stepped into his role as CEO and Managing Director of Larsen & Toubro with effect from July 1, 2017. This follows his appointment to the role by the Board of Directors of Larsen & Toubro at its meeting held on April 7, 2017.

At the meeting on April 7, 2017, the Board had also requested A.M. Naik, Group Executive Chairman, L&T, to provide guidance and mentorship to the Company's leadership subsequent to his current term. Consequently, Naik will continue as Non-Executive Chairman of the Company for a period of three years effective October 1, 2017.

Speaking on the occasion, A.M. Naik said: "Subrahmanyan is the finest among the many top executives I have mentored over the last few years. Three years ago he was identified as the most likely leader to take on the role of CEO and Managing Director. Since then I have worked closely with him and engaged him in all aspects of L&T's operations, going beyond his core domains of infrastructure and construction. Subrahmanyan has a great work ethic and business acumen to take L&T to greater heights in the future. I have full confidence that under him L&T will remain steadfast to its core values, fulfill the expectations of our stakeholders and continue to play a key role in building a stronger India."

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