Mahadevan replaces K Sridharan, who superannuated last month after being with the company for over three decades, the Chennai-headquartered Ashok Leyland said in a statement.
Prior to taking the new role, Mahadevan was serving as Chief Financial Officer at Thermax.
Mahadevan, a recipient of several awards, including BEST CFO award given by the Institute of Chartered Accountants of India in 2011, began his career with city-based TTK Group.
In his over 25 years career, Mahadevan has served at Sanmar Group, Sify Ltd and Amara Raja Batteries, the release added.
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