Mr. Y. M. Deosthalee, aged 64, is the chief financial officer and member of the board of L&T. He is a chartered accountant by profession. He has a degree in law. He is also a member on the board of several subsidiary and associate companies of the L&T group. He has been with L&T for the past 36 years. In addition to the finance function, he is also responsible for personnel and human resource functions, risk management, mergers and acquisitions, concessions business, shared services centre, providing strategic inputs and helps in business-building of L&T Infotech, amongst other things. He has been instrumental in promoting the Financial Services business of L&T group.

In 2008, he was appointed as a member on the Advisory Committee for liquidity management set up by the Finance Ministry. In 2009, he was appointed as a member of the Takeover Regulations Advisory Committee which has been constituted by SEBI to examine the regulations and suggest amendments. He is the Co-Chairman of FICCI's Corporate Finance Committee, member of the National Council on Infrastructure of the Confederation of Indian Industry and a member of the National Council on Corporate Governance of the Confederation of Indian Industry. He has also won several awards including the-Best CFO of the Year and also Best CFO in the Capital Goods Sector at the CNBC TV18 Business Leaders Awards in 2009. He has over 40 years of work experience.

Mr. Sivaraman aged 52, is the president and whole-time director of our Company. He has a bachelor’s degree in commerce from Madras University. He is a chartered accountant by profession and is a fellow member of the Institute of Chartered Accountants of India. He has an overall experience of approximately 28 years with L&T. He has varied experience in all aspects of finance and accounts, mergers and acquisition and investor relations. Currently, he is heading the financial services business of L&T. As the head of financial services business he is responsible for and oversees the following entities – L&T Finance Limited, L&T Infrastructure Finance Company Limited, L&T Investment Management Limited and L&T General Insurance Company Limited. During his career at L&T, Mr. Sivaraman played a key role in structuring the demerger of the cement business of L&T and inducting private equity investors in L&T Infrastructure Development Projects Limited.

Mr. R. Shankar Raman, aged 52, is the senior vice president (finance and legal) at L&T. He is a nonexecutive director on the board of our Company and L&T Finance. Mr. Shankar Raman has a bachelor’s degree in commerce from Madras University. He is a Chartered and Cost Accountant by profession. He has approximately 27 years of experience in the field of finance. He has experience in other varied areas such as audit, accounts, treasury, capital markets, corporate finance, project finance and general management. He joined L&T group in 1994 for setting up L&T Finance. After six successful years with L&T Finance, he moved to L&T to oversee the Finance & Accounting functions. He is on the board of several companies including international subsidiaries within the L&T group. Mr. Shankar Raman is a member of Western India Regional Council of Confederation of Indian Industries. Mr. Shankar Raman has participated and presented papers in several conventions / seminars including international conferences.