Sudip Bannerjee appointed L&T Infotech CEO

Mumbai, September 01, L&T Infotech, a wholly owned subsidiary of technology, engineering and manufacturing leader Larsen & Toubro has appointed Mr. Sudip Banerjee as its Chief Executive Officer, effective September 1. Mr Banerjee is expected to drive the IT major’s ambitious growth plans, add strategic depth to its wide-ranging offerings, and secure greater traction from its unique ‘business-to-IT’ connect.

Mr. Banerjee joins L&T Infotech from Wipro Technologies, where he was President – Enterprise Solutions, the largest business division of the company. Under his stewardship, the division had recorded impressive revenue growth and expanded its services portfolio across a number of industry verticals and horizontals. He had also led the acquisition of two overseas companies.

He started his career in the IT industry in 1979, and joined Wipro in 1983 as one of the earliest members of the IT group of the company. His track record saw him grow rapidly, assuming increasingly important management responsibilities covering functions like business development, operations, technology, infrastructure development and Human Resources before being appointed as President-Enterprise Solutions in January 2002.

Mr. Banerjee’s proven leadership and management skills in global IT services business will help L&T Infotech advance rapidly in its mission of helping its clients get better value from their IT outlays.

Mr. Banerjee will report to Mr. V. K. Magapu, Director, L&T Group, and will operate from Mumbai/Bangalore.

About L&T Infotech:

Larsen & Toubro Infotech Ltd (L&T Infotech), one of the fastest growing IT Services companies, is ranked by NASSCOM among the top 10 software & services exporters from India in 2008. It is a wholly-owned subsidiary of $ 7 billion Larsen & Toubro Limited (L&T), India’s largest technology- driven engineering organization which was ranked as India’s Best Managed Company-2008 in a survey conducted by Business Today-Ernst & Young. L&T has also been rated as No. 1 in Quality in a 2008 survey conducted by the Wall Street Journal Asia. L&T Infotech is differentiated by its unique Business-to-IT Connect, which is a result of its rich corporate heritage. A full-services IT firm with a blue-chip client roster, it offers comprehensive, end-to-end software solutions and services in the following industry verticals:

1) Banking & Financial Services 2) Insurance 3) Energy & Petrochemicals 4) Manufacturing (Consumer Packaged Goods, High-tech, Industrial Products, Automotive, Chemicals & Process, Media & Entertainment and Retail) 5) Product Engineering Services (Telecom)

L&T Infotech delivers business solutions to its clients, leveraging its substantial domain experience and depth in technologies like SAP, Oracle (including OracleApps, PeopleSoft, JD Edwards, Siebel, Hyperion), Microsoft, EAI, and DW/BI. In addition to application outsourcing (Application development, Maintenance & Support), L&T Infotech has strong capabilities in infrastructure management (IMS), testing services,

end-to-end integrated engineering services and embedded system solutions.

L&T Infotech’s vision is to provide world-class service to clients in its areas of focus, offering solutions that are based on business and technology insights.