S N Subrahmanyan to be L&T's MD and CEO from July 1


S N Subrahmanyan
Larsen & Toubro chairman AM Naik will step down from his executive role to be the non-executive chairman of the engineering conglomerate, while S N Subrahmanyan will take over as its chief executive.

The board elevated Mr Subrahmanyan, currently the deputy managing director and president, to the position of managing director and CEO with effect July 1.