Larsen & Toubro Appoints Former NITI Aayog CEO Amitabh Kant as Independent Director

Larsen & Toubro (L&T) has announced a significant addition to its board, with former G20 Sherpa and NITI Aayog CEO, Amitabh Kant, appointed as a non-executive, independent director. The company's board of directors approved this appointment during a meeting held on October 29, 2025. Kant will serve for a term of five years, commencing from October 29, 2025, and concluding on October 28, 2030. This appointment is subject to the approval of the company's shareholders.

Amitabh Kant brings a wealth of experience from his 45 years in government service, including his tenure as India's G20 Sherpa and his role as CEO of NITI Aayog. His expertise is expected to provide strategic guidance to L&T. This follows Kant's recent appointments to the boards of other prominent companies, including HCL Technologies and IndiGo, and his role as a senior advisor at Fairfax Financial Holdings.

Impact: This appointment is significant as it brings a highly experienced and respected public figure onto the board of a major Indian conglomerate. It enhances the board's oversight and strategic direction, potentially influencing corporate governance and future business strategies. The presence of an independent director with Kant's background can bolster investor confidence. Rating: 7/10.

Difficult Terms: Non-executive Director: A director who is not involved in the company's day-to-day management and does not receive a salary, typically providing oversight and strategic advice. Independent Director: A director without a material business or financial relationship with the company, ensuring unbiased judgment and protection of shareholder interests. G20 Sherpa: A personal representative of a country's leader at the G20 summit, responsible for coordinating policy issues and negotiations. NITI Aayog CEO: The chief executive of India's National Institution for Transforming India, a government policy think tank focused on economic development.