The Board of Directors of Larsen & Toubro (L&T) has approved the elevation of SN Subrahmanyan as a Whole-time Director, with effect from July 1, 2011, the company said. Subrahmanyan is currently holding the post of Sr. Vice President and Head – Buildings & Factories and Infrastructure Independent Companies. This induction is a part of L&T’s succession plan, the company added.
The construction businesses of L&T are currently being headed by KV Rangaswami, Whole-time Director & President (Construction), who will retire from the Board of the Company in June 2011.
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. His 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 Buildings & Factories business has grown rapidly under Subrahmanyan’s leadership, and he has executed many prestigious jobs such as ICICI Bank, National Stock Exchange Buildings and Tidel Park.
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