Sarma, who is at present CEO and MD of L&T hydrocarbon engineering, a wholly-owned subsidiary of L&T, in his new role, will be designated whole-time director and senior executive vice-president (energy).
Subramanian Sarma, non-executive director on the board, has been appointed executive director and SV Desai and T Madhava Das have been elevated to the company’s board.Larsen & Toubro (L&T) on Monday announced new inductions to its board of directors. Subramanian Sarma, non-executive director on the board, has been appointed executive director and SV Desai and T Madhava Das have been elevated to the company’s board.
Sarma, who is at present CEO and MD of L&T hydrocarbon engineering, a wholly-owned subsidiary of L&T, in his new role, will be designated whole-time director and senior executive vice-president (energy). Effective August 19, 2020, he will hold board -level responsibility for L&T’s power business, in addition to his current responsibility in the hydrocarbon business.
Desai has been designated whole-time director & senior executive vice-president (civil infrastructure) and will be responsible for the heavy civil infrastructure and transportation infrastructure businesses. Das will be designated whole-time director and senior executive vice-president (utilities) and will be responsible for the power transmission & distribution and water & effluent treatment (WET) businesses.
Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.
Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.
