Larsen and Toubro (L&T), the engineering and construction conglomerate, has announced key leadership appointments within the organization.
R Shankar Raman Elevated as President
R Shankar Raman, the current Whole-time Director and CFO of L&T, has been elevated to the position of President. Following this promotion, Raman will continue to hold his existing roles as the Whole-time Director and Chief Financial Officer (CFO) of the company.
Subramanian Sarma Named Whole-time Director and President, Energy
In another significant move, Subramanian Sarma, the Senior Executive Vice President (EVP) of the Energy vertical, has been appointed as the Whole-time Director and President, Energy. Sarma’s current responsibilities include overseeing the hydrocarbon, power, and green manufacturing and development businesses.
R Shankar Raman’s Journey at L&T
R Shankar Raman joined the L&T Group in November 1994 to establish L&T Finance Ltd, a wholly-owned subsidiary of the company. He later assumed the role of CFO at L&T and was appointed to the company’s board in October 2011.
Subramanian Sarma’s Expertise
Subramanian Sarma, a graduate in chemical engineering from IIT Mumbai, brings over 40 years of experience to his new role, with 30 years spent working in the Middle East. His extensive experience in the energy sector will be invaluable in driving L&T’s energy initiatives.
About Larsen and Toubro
Larsen & Toubro (L&T) is a USD 27 billion Indian multinational enterprise engaged in Engineering, Procurement, and Construction (EPC) projects, hi-tech manufacturing, and services. The company operates across multiple geographies and has a diverse portfolio of businesses.
These leadership appointments underscore L&T’s commitment to strengthening its management team and positioning the company for continued growth and success in the engineering and construction industry.
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