L&T elevates Subramanian Sarma as Deputy MD & President

Larsen & Toubro has elevated Subramanian Sarma to deputy managing director & president, effective April 2. Sarma, who has significantly transformed L&T's hydrocarbon and energy businesses, will have his term extended until February 3, 2028, subjec...

ETMarkets.com
Mumbai: Engineering major Larsen & Toubro on Friday announced the elevation of Subramanian Sarma to deputy managing director & president with effect April 2.

Sarma was earlier wholetime director & president, Energy.

The board also decided to extend his term to February 3, 2028 subject to shareholder’s approval in the upcoming AGM, according to a statement by the company.


“Sarma has been instrumental in transforming our hydrocarbon and energy businesses, driving innovation, operational excellence, and global competitiveness,” chairman & managing director SN Subrahmanyan said.

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

Under Sarma’s leadership, L&T’s energy portfolio has emerged as one of the leading EPC contractors globally, by achieving record financial results and being ranked among the top three EPC contractors in the oil & gas sector (Middle East) for four consecutive years, the statement noted.
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