L&T elevates Rajeev Gupta as the new CFO

L&T Technology Services chaired Rajeev Gupta as the company’s new Chief Financial Officer (CFO). Rajeev replaces P Ramakrishnan, who will now assume a new role in the L&T Group.

Rajeev before joining LTTS was CFO with Birlasoft, where he was part of the leadership team that successfully executed a complex acquisition with merger/demerger as well as integration of the acquired company. He was also instrumental in commercial structuring of a large-multi-million dollar win. Rajeev’s appointment has come into effect from July 20, 2020. He will be based out of Mumbai.

An alumnus of The Institute of Chartered Accountants of India (ICAI) and Narsee Monjee, Mumbai, Rajeev has over 24 years of experience in Financial Management, of which 17 years are in the technology industry. His earlier stints include leadership roles with Jardine Lloyd Thompson, Amazon, InterGlobe Technologies, Capgemini and PwC.

Earlier, Rajeev was involved in the start-up of Capgemini India and played an instrumental role in growing the India business from a size of 200 people to over 35,000 employees. He was also involved in the restructuring of the Capgemini US business and turning it around to achieve profitability.

On his appointment as CFO of LTTS, Rajeev said, “The potential of ER&D as a service offering is immense and being one of the pioneers of transformative digital engineering, LTTS is well-placed to script the next chapter of the engineering services success story. I am excited to join the vibrant and innovative team at LTTS and I look forward to be a part of the 16,000 plus strong workforce that is collectively working towards engineering the change for our customers and society in this new reality.”