Subramanian Sarma as Executive Director, L&T Board, S V Desai & Mr. T Madhava Das elevated
Subramanian Sarma has been appointed Executive Director on the Board of Directors of Larsen & Toubro Limited. Sarma is at present CEO and MD of L&T Hydrocarbon Engineering, a wholly-owned subsidiary of L&T. In his new role, he will be designated Whole-Time Director & Sr. Executive Vice President (Energy). Effective 19 August 2020 he will hold Board level responsibility for L&T’s Power business, in addition to his current responsibility in the Hydrocarbon business.
Desai and Madhava Das are both members of the Company’s apex-level Executive Management Committee and have been elevated to the Board with immediate effect. Desai has been designated Whole-Time Director & Sr. Executive Vice President (Civil Infrastructure) and will be responsible for the Heavy Civil Infrastructure and Transportation Infrastructure businesses.
Madhava Das will be designated Whole-Time Director & Sr. Executive Vice President (Utilities) and will be responsible for the Power Transmission & Distribution and Water & Effluent Treatment (WET) businesses.
Mahindra Lifespaces appoints Parveen Mahtani as Chief Legal Officer
Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of Mahindra Group, has appointed Ms. Parveen Mahtani as Chief Legal Officer. Parveen will oversee all legal and regulatory activities across Mahindra Lifespaces’ businesses, applying her extensive experience in due diligence, contract management, M&A, intellectual property rights and financial transactions. Parveen is a seasoned legal expert with nearly 20 years of leadership experience spanning multiple industries. Prior to her appointment at Mahindra Lifespaces, Parveen was Head, Legal and Compliance at Tata Realty and Infrastructure Ltd. and Tata Housing Development Co Ltd.
