Larsen & Toubro Infotech Limited Approves the Appointment of Anil Rander as Chief Financial Officer and Key Managerial Personnel
April 14, 2021 at 08:32 am
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The Board of Directors of Larsen & Toubro Infotech Limited in their meeting held on April 14, 2021, approved appointment of Mr. Anil Rander as Chief
Financial Officer and Key Managerial Personnel of the company under section 203 of the Companies Act, 2013, with immediate effect. Mr. Rander is an accomplished seasoned finance leader with more than 27 years of multifaceted experience in driving business performance and growth. His expertise ranges across business and financial strategy formulation, fiscal management, corporate accounting, investor relations, pricing, risk management, internal audit and financial controls. Mr. Rander has been marked with effective leadership, superior record of delivering projects within stipulated timeframes, proven records of developing & implementing financial controls that improved P&L scenario, startup specialist, strategic profitability improvement. He has received various recognitions for leading Business Finance team, restructuring, cost savings, internal controls and for his valued contribution and commitment. Prior to joining LTI, Mr. Rander was the Sr. Vice President- Finance & Legal at Tech Mahindra Ltd. (TechM) & had led the Finance & Legal, Facilities & Business Assurance of Tech Mahindra Business Services Ltd. (TechMBS), a wholly owned subsidiary of Tech Mahindra Ltd.
LTIMindtree Limited is an IT services company specializing in the digital optimization and transformation of businesses and organizations. The company offers solutions in the fields of cybersecurity, task automation, data management, digital infrastructures, cloud platforms, Internet of Things, artificial intelligence, etc. Net sales break down by sector of activity as follows:
- banks, financial services and insurance (36.9%);
- technology, media and entertainment (24.3%);
- industry, mining and energy (16.9%);
- retail, transport and hospitality (15.4%);
- health, life sciences and utilities (6.5%).
At the end of March 2023, LTIMindtree Limited has more than 700 customers worldwide.
Net sales are distributed geographically as follows: America (72.2%), Europe (15%) and other (12.8%).