R. Shankar Raman
President & Whole-Time Director - Finance
Mr. R. Shankar Raman is a qualified Chartered Accountant and a Cost Accountant. Over the past 42 years, Mr. Shankar Raman has worked for leading corporates in varied capacities in the field of finance. He is the President & Whole-Time Director - Finance at L&T. Prior to this, he served as the President, Whole-Time Director & Chief Financial Officer of L&T.
Mr. Shankar Raman joined L&T Group in November 1994 to set up L&T Finance Limited, a wholly owned subsidiary of Larsen & Toubro Limited.
Over the years, Mr. Shankar Raman assumed responsibilities to oversee the entire finance function at the Group level including functions like Risk Management and Investor Relations. Mr. Shankar Raman was appointed as Chief Financial Officer of Larsen & Toubro Limited in September 2011 and subsequently elevated to the Board on October 1, 2011. Mr. Shankar Raman is also on the Board of Management of several companies within the L&T Group.
Mr. Shankar Raman has been the recipient of several awards, such as Best CFO of Asia in the Industrial Sector in a survey conducted by the prestigious New York-based Institutional Investor magazine, winner of Best CFO awards from CNBC TV18, Financial Express, and Business Today. He is also the recipient of the Lifetime Achievement Award in the field of Finance from Financial Express.
RSR is past Chairman of CII’s CFO National Committee. He was also a member of the Uday Kotak’s Committee on Corporate Governance, SEBI’s Corporate Bonds and Securitization Advisory Committee (CoBoSAC) and the Advisory Committee to the Insolvency and Bankruptcy Board of India (IBBI).