L&T announces three new board-level appointments in key business verticals

Engineering conglomerate Larsen & Toubro (L&T) on Monday said it has made three new board level appointments, in relation to its energy, civil infrastructure and utilities business.

In its statement, L&T said, the slew of Board level appointments reflects L&T’s resolve to chart an aggressive future in its businesses.

As part of the new appointments announced, Subramanian Sarma will be take over appointed as whole-time director and senior executive vice president (Energy). Sarma, a non-executive director on the Board, will be inducted in the executive director role.

Sarma will hold board level responsibility for L&T Power starting August 19. Sarma at present is chief executive officer and managing director (CEO & MD) of L&T Hydrocarbon Engineering. “Effective August 19, 2020, he will hold Board level responsibility for L&T’s Power business,