A. M. Naik

A. M. Naik

Group Chairman

Mr. A. M. Naik mirrors the values of the organisation he heads - professionalism, entrepreneurship and a passionate commitment to advancing the interests of all stakeholders. Under his leadership, L&T has overcome multiple challenges, and emerged stronger. Media surveys and peer group assessments rank Mr. Naik as among the best performing CEOs in the world.

Joining the Company as a Junior Engineer in 1965, Mr. Naik rapidly rose to positions of increasing responsibility as he moved from General Manager to Managing Director and CEO, leading to his appointment as Chairman and Managing Director on December 29, 2003. Mr. Naik was the Group Executive Chairman of L&T from 2012 to 2017. Effective October 2017, he has stepped aside as the Group Executive Chairman, and has now taken up the role of the Group Chairman.

With the objective of transforming L&T into a world-class conglomerate, Mr. Naik led a transformational process that boosted shareholder value. His leadership has seen a remarkable increase across all parameters of business performance - market capitalization, consolidated turnover and net worth. He also drove the re-structuring of the conglomerate to facilitate aggressive growth across a large revenue base.

Decades ago, Mr. Naik had kick-started the process of indigenising the manufacture of critical equipment for the defence sector and process industries. L&T is now a major supplier of missiles and weapon systems, and closely associated with national bodies for defence research & development and space research.

Mr Naik is credited with infusing a global perspective to L&T’s business orientation. This involved revamping mindsets and ensuring that virtually every critical activity is benchmarked against global standards. Among other landmark achievements that have yielded significant value for the Company and its stakeholders include the de-merger of the cement business. He played an active part in conceptualising the proposal of an Employees’ Foundation to strengthen the employees’ sense of belonging and enable L&T retain its unique character.

Mr Naik’s emphasis on HR and the nurturing of human capital triggered major initiatives to attract, retain and groom talent. He has also been principally responsible for the extensive use of IT as a major enabler across L&T’s businesses.

A concern for social and welfare issues complement Mr. Naik's keen business interests. Mr. Naik was instrumental in setting up the Larsen & Toubro Public Charitable Trust which undertakes a wide spectrum of community development work including skill training at several locations around the country.

Mr. Naik is the Honorary Consul General for Denmark. He was conferred the Danish Knighthood by Her Majesty Queen Margarethe - 2008 and a further honour, the Order of the Dannebrog - Knight First Class in 2015.

Industry & Academia

  • Mr Naik was Chairman of the Board of Governors of the Indian Institute of Ahmedabad from 2012 to 2016
  • Was Co-leader of the India-Malaysia CEOs Forum by the Ministry of Commerce and Industry, Government of India
  • Was senior member of the Confederation of Indian Industry (CII) National Council.
  • Led Indian industry's delegation to the 17th Congress of World Energy Council at Houston, 1998
  • Ex-Member of the Board of Trade, Ministry of Commerce, Government of India, Fellow of the Indian National Academy of Engineers (INAE)
  • Participated in the 6th India-EU Business Summit in New Delhi in 2005
  • Was Co-Chairman of the Indo-Russia CEO Forum and active member Indo-Japan Business Leadership Forum

Awards & Recognition

Mr. Naik is a Padma Bhushan Awardee (2009) and recipient of the Gujarat Garima (Pride of Gujarat - 2009) Award. His other distinctions include:

  • Ranked ‘Businessman of the Year’ by Business India - 2014
  • 32nd Best Performing CEO in the world - Harvard Business Review - 2013. Ranked 4th in the industrial sector.
  • Rated among the most influential personalities in the Infrastructure segment - Construction Week – 2012
  • Named among Economic Times ‘Most Powerful CEOs’ - 2012
  • CNBC TV18 ‘Infrastructure Leader of the Year’ Award - 2012
  • Rated one of the top two of India’s Best CEOs by Business Today, INSEAD and Harvard Business Review - 2012
  • Conferred ‘Doctorates’ by Sardar Patel University - 2011 and by Gujarat Technological University - 2013
  • Ranked ‘Best CEO’ in Industrials segment in Asia by Institutional Investor - 2011
  • ‘CNBC Asia - Outstanding Business Leader’ Award - 2010.
  • Awarded Asia Business Leader Award for 2010 by CNBC Asia - 2010
  • ‘Special Award for Business Leader of the Year – Building India by NDTV - 2010
  • Bharat Shiromani Award for his outstanding contribution to Indian industry 2009
  • 'Business Leader of the Year' Award - The Economic Times - 2009

*For a detailed list of awards and recognition please click here.

Other Members of the Board

  • S. N. Subrahmanyan

    Chief Executive Officer & Managing Director

  • R. Shankar Raman

    Whole-time Director & Chief Financial Officer

  • Shailendra Roy

    Whole-Time Director & Sr. Executive Vice President (Power, Heavy Engg. & Nuclear)

  • D. K. Sen

    Whole-Time Director & Sr. Executive Vice President (Infrastructure)

  • M. V. Satish

    Whole-Time Director & Sr. Executive Vice President (Buildings, Minerals & Metals)

  • J. D. Patil

    Whole-Time Director & Sr. Executive Vice President (Defence Business)

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