People: Larsen & Toubro Ltd (LART.BO)
Mr. Krishnamurthi Venkataramanan is Chief Executive Officer, Managing Director, Whole-time Director of Larsen & Toubro Limited. He has been appointed as Chief Executive Officer and Managing Director of the company with effect from April 01, 2012. He joined L&T on June 12, 1969 after completing B.Tech. in Chemical engineering from Indian Institute of Technology, Delhi. He was appointed as whole-time Director on the Board of the Company on May 20, 1999. He also built process design capability through a Front End Engineering Design group (FEED) for direct access to process technology. He helped transform the company from a fabrication driven EPC contractor to a technology led player. He also established IT-enabled Engineering Services Centres to tap global opportunities. Mr. Venkataramanan implemented Real Time Strategic Change (RTSC) processes in the company for high performance team building. He implemented various business solutions such as Global Sourcing, Skill Building, Risk Management, Benchmarking, Contracts Management, and intense monitoring of value drivers encompassing financial and operational parameters. Mr. Venkataramanan also formed a dedicated International Business Development Cell to give thrust on the international front. Under his leadership, the project team executed / are executing high technology projects in Qatar, Saudi Arabia, Malaysia, Kuwait, Oman, Sri Lanka and Nigeria. Mr. Venkataramanan has been associated with many industry bodies. These include the Indian Institute of Chemical Engineers, Bombay Chamber of Commerce & Industry, Chemtech Foundation, and the National Executive Council for 'Petroleum & Power' sector.
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