L&T elevates Subramanian Sarma as Deputy MD & President

Sarma was earlier wholetime director & president, Vitality.

The board additionally determined to increase his time period to February 3, 2028 topic to shareholder’s approval within the upcoming AGM, in keeping with a press release by the corporate.

“Sarma has been instrumental in reworking our hydrocarbon and power companies, driving innovation, operational excellence, and international competitiveness,” chairman & managing director SN Subrahmanyan stated.

A graduate in chemical engineering, Sarma accomplished his grasp’s from IIT-Mumbai. He has over 40 years of expertise, with 30 years being within the Middle East. He was appointed to the L&T board in August 2015.

Below Sarma’s management, L&T’s power portfolio has emerged as one of many main EPC contractors globally, by reaching report monetary outcomes and being ranked among the many high three EPC contractors within the oil & fuel sector (Center East) for 4 consecutive years, the assertion famous.