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01:11 PM, August 10, 2018
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R Madhavan (center) has been appointed as the new chairman and managing director of HAL

India’s state-run Hindustan Aeronautics has appointed R Madhavan, presently executive director as its new chairman and managing director.

He will take charge of the top post when incumbent T Suvarna Raju retires on August 31, they said.

At present, Madhavan looks after operation of HAL's accessories division in Lucknow.

Raju was appointed as chairman of the company with effect from March 5, 2015. Subsequently, he was re-designated as chairman and managing director of HAL on April 1, 2015.

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