Larsen & Toubro Limited announced, Mr. R Shankar Raman who has been Sr.EVP, Wholetime Director & CFO is elevated as President, Whole-time Director & CFO with immediate effect. Mr. Shankar Raman joined L&T Group in November 1994 to set up L&T Finance Limited, a wholly owned Subsidiary. He later assumed the role of CFO at L&T and was appointed to the Board in October 2011.

As CFO of L&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 L&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.