L&T Financial Holdings Limited, a financial holding company, announced the appointment of S. N. Subrahmanyan as an Additional Director (Non-Executive) and Chairperson of the Board, effective February 28, 2022.
According to the company’s exchange filing, “we wish to inform that the Board of Directors of the Company at its Meeting held today has approved the appointment of Mr. S. N. Subrahmanyan (DIN: 02255382) as the Additional Director (Non-Executive) and Chairperson of the Board effective today i.e. February 28, 2022.”
S N Subrahmanyan is the CEO & MD of Larsen & Toubro and serves on the board of directors of this multi-billion dollar conglomerate, a statement said.
SNS, as he is popularly known, is also Vice Chairman on the boards of Larsen & Toubro Infotech Limited, L&T Technology Services Limited & Mindtree Limited and Chairman of L&T Metro Rail (Hyderabad) Limited. Prior to taking over the reins as CEO & MD in July 2017, SNS in his capacity as Deputy MD & President led L&T’s infrastructure business to its position as the country’s largest construction organisation and 14th in the world. He is now responsible for leading the breadth and width of L&T’s considerable business interests to new growth levels, riding on the enormous benefits of digitalisation, big data, and predictive analysis that he drives internally with exceptional zeal. He places a premium on innovation, project management and talent development, particularly in leadership roles, the statement said.
Hailing from Chennai, India, SNS commenced his professional journey with L&T in 1984 as a project planning engineer armed with a degree in civil engineering and a post-graduation in business management. Mentored by stalwarts, he took on roles of increasing responsibility across business verticals. With an entrepreneurial mindset, drive, and foresight, he began to rewrite the rules of the game, according to the statement.
He led L&T’s foray into the realm of executing developmental projects starting with the extremely successful HITEC City project in Hyderabad and the Bangalore International Airport, forging deals in the process without precedent in the construction space. Successfully setting up the Ready Mix business in India for the first time, bagging mandates to design & build all major international airports in India, venturing into untapped geographies like the Middle East, Africa & ASEAN to establish L&T’s credentials and presence and building long-term relationships came easy to him, the statement added.
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