L&T Board inducts Subramanian Sarma as Executive Director, promotes others
Engineering and construction conglomerate Larsen & Toubro (L&T) on Monday said its Board has decided to induct Subramanian Sarma as an Executive Director.
Sarma, a Non-Executive Director on the Board, is CEO and MD of wholly-owned subsidiary L&T Hydrocarbon Engineering.
Besides, L&T has decided to elevate S V Desai and T Madhava Das to the Board.
The slew of Board level appointments reflect L&T’s resolve to chart an aggressive future in its businesses, L&T said in a statement.
In his new role, Sarma will be designated as Whole-Time Director & Senior Executive Vice President (Energy).
Effective August 19, he will hold Board-level responsibility for L&T’s power business, in addition to his current responsibility in the hydrocarbon business.
