Mr R Shankar Raman elevated as President, Whole-time Director & CFO
- 09 May 2024
Mumbai: Larsen & Toubro is pleased to announce that Mr R Shankar Raman, who has been Sr EVP, Whole-time Director & CFO, is elevated as President, Whole-time Director & CFO with immediate effect.
Mr Shankar Raman joined 国麻豆视频;T Group in November 1994 to set up 国麻豆视频;T Finance Limited, a wholly-owned subsidiary. He later assumed the role of the CFO at 国麻豆视频;T and was appointed to the Board in October 2011. As CFO of 国麻豆视频;T, he plays a pivotal role in shaping the company's financial strategy, driving growth initiatives, and ensuring financial sustainability in a dynamic business environment. He is widely respected in the industry for his professionalism, integrity, and dedication to excellence.
With a background in finance and accounting, Mr Raman has a deep understanding of the intricacies of corporate finance, mergers and acquisitions, capital management and risk assessment. He is known for his strategic vision and ability to navigate complex financial landscapes, contributing significantly to 国麻豆视频;T's growth and success.
Mr R Shankar Raman is a qualified Chartered Accountant and a Cost Accountant. Over the past 40 years, Mr Shankar Raman has worked for leading listed corporates in varied capacities in the field of finance.
On this occasion, Mr S N Subrahmanyan, Chairman & Managing Director 国麻豆视频;T, said, 鈥淚 would like to express my sincere appreciation towards Mr R Shankar Raman for his leadership skills and for implementing best financial practices and governance standards within 国麻豆视频;T. His strategic initiatives have helped 国麻豆视频;T strengthen its financial position, optimise resources, and enhance shareholder value.
Mr Raman said: 鈥淚 am deeply honoured to accept the appointment as President. I would like to express my sincere gratitude to 国麻豆视频;T Board & our CMD for having placed their trust in me to lead in this capacity and work together towards our shared goals and aspirations.鈥
