Mindtree board appoints L&T boss A M Naik as non-executive chairman

Mindtree Wednesday said L&T Group Chairman A M Naik has been appointed as non-executive chairman of the IT company.

The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company.

“…the Nomination and Remuneration Committee and the Board of Directors of the company at their meeting held on July 17, 2019, have appointed Anilkumar Manibhai Naik as the Non-Executive Chairman of the company with effect from July 18, 2019,” Mindtree said in a regulatory filing.

Naik is the Chairman of $18 billion L&T Group an organisation he has served for over 54 years, and led for the last 20 years.