New Delhi, April 11: The Board of Directors of Larsen & Toubro
(L&T) has approved the appointment of Mr S N Subrahmanyan as a
Whole-time Director, with effect from July 1, 2011.
Mr Subrahmanyan is currently Sr Vice President and Head-Buildings
& Factories and Infrastructure Independent Companies.
“This induction is a part of L&T’s succession plan,” the company
said in a statement.
The construction businesses of L&T are currently being headed by
Mr K V Rangaswami, Whole-time Director & President (Construction),
who will retire from the Board of the Company in June, 2011.
Mr Subrahmanyan, 51, is a civil engineer with post graduate
qualifications in business management.
He joined L&T in 1984 starting off as project planning engineer,
and was soon handpicked for senior responsibilities.
Mr Subrahmanyan’s notable achievements include playing a pivotal
role in securing and managing EPC contracts for construction of four
major international airports in India at Bangalore, Hyderabad, Delhi
and Mumbai, the company said.
–Agencies