R Shankar Raman Elevated As President Of L&T

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R Shankar Raman Elevated As President Of L&T: Larsen and Toubro (L&T), a renowned engineering and construction conglomerate, recently made significant leadership appointments within the organization. These appointments aim to bolster the company’s management team and facilitate its growth in the engineering and construction industry. R Shankar Raman was Elevated to the pivotal role of Chief Financial Officer (CFO) at L&T.

R Shankar Raman’s Promotion

R Shankar Raman, the current full-time director and CFO of L&T, has been elevated to the prestigious position of President. Despite this promotion, Raman will continue to serve as the full-time director and Chief Financial Officer (CFO) of the company.

Subramanian Sarma’s New Role

Another notable appointment is that of Subramanian Sarma, who has been named as the full-time director and President of Energy. Sarma, currently serving as the Senior Executive Vice President (EVP) of the Energy vertical, will now lead the company’s energy initiatives, including hydrocarbon, power, and green manufacturing and development businesses.

R Shankar Raman’s Journey at L&T

Establishing L&T Finance Ltd: R Shankar Raman’s association with the Larsen & Toubro (L&T) Group dates back to November 1994 when he was tasked with establishing L&T Finance Ltd, a wholly-owned subsidiary. His successful stint in this endeavor led to further career advancements within the company.

Progression to CFO: Over the years, R Shankar Raman’s dedication and expertise earned him the role of Chief Financial Officer (CFO) at L&T. This journey culminated in his appointment to the company’s board in October 2011, marking his significant contribution to L&T’s financial management.

Subramanian Sarma’s Expertise

A Seasoned Professional: Subramanian Sarma, a graduate in chemical engineering from IIT Mumbai, boasts over 40 years of experience in the industry, with a substantial portion of it spent working in the Middle East. His wealth of knowledge and expertise in the energy sector will be instrumental in driving Larsen & Toubro (L&T) ’s energy initiatives forward.

Significance of Sarma’s Appointment: Sarma’s appointment as the full-time director and President of Energy underscores L&T’s commitment to leveraging experienced professionals to spearhead key business verticals.

About Larsen and Toubro

A Multinational Engineering Giant: Larsen & Toubro (L&T) is a leading Indian multinational enterprise with a revenue of USD 27 billion. The company specializes in Engineering, Procurement, and Construction (EPC) projects, hi-tech manufacturing, and services. With operations spanning multiple geographies, L&T boasts a diverse portfolio of businesses.

Conclusion

These recent leadership appointments within L&T demonstrate the company’s dedication to enhancing its management team and driving continued growth and success in the engineering and construction sector. R Shankar Raman and Subramanian Sarma bring a wealth of experience and expertise to their new roles, positioning L&T for further achievements in the industry.

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