L&T appoints former GlaxoSmithKline Pharma India MD Joshipura as head of Corporate Centre

MUMBAI: Engineering major Larsen & Toubro has appointed Hasit Joshipura as the head of its Corporate Centre, which functions as a nodal unit across all businesses and group companies of the conglomerate, the company said Wednesday.

Joshipura was the senior vice president of South Asia and managing director of India operations for GlaxoSmithKline Pharmaceuticals until August.

L&T Chairman A. M. Naik said, "In the rapidly changing business environment, Dr. Joshipura’s diverse experience will add fresh perspective to our various businesses."

In addition to securing the full benefits of the overall strengths of L&T, the Corporate Centre will identify synergies and ensure sharing of best practices. This is in line with the company’s strategic plan to re-group competency centres across its various business verticals.

Joshipura will be inducted into the company’s Executive Management Committee and will assume responsibility for corporate functions, and will drive formulation and implementation of the company’s strategic plan.

Joshipura is a graduate in electrical engineering and alumnus of IIM-Ahmedabad. He completed his doctorate at the School of Management, IIT, Mumbai. He has over 33 years of experience in several leading organisations including the Tata Administrative Services, Unilever Group and Johnson & Johnson.