Srikanth Venkatachari new CFO of Reliance Industries, Alok Agarwal appointed advisor to Mukesh Ambani

• Srikanth Venkatachari will assume the new responsibility from 1 June.
• The decision was made by RIL’s board of directors at a meeting on Friday.
• Venkatachari, who is currently the Joint CFO of the company since 2011, succeeds Alok Agarwal.

Srikanth Venkatachari has been appointed as the new Chief Financial Officer (CFO) of Reliance Industries Ltd (RIL).

He will assume the new responsibility from June 1.

The company reports this in a stock exchange filing on Friday.

The decision was made by RIL’s board of directors at a meeting on Friday.

Venkatachari, who is currently the Joint CFO of the company since 2011, succeeds Alok Agarwal.

Agarwal has been appointed as a senior advisor to the Chairman and Chief Executive Officer Mukesh Ambaniand will assist him on a broad range of strategic issues effective June 1 after 30 years of distinguished service, RIL informed in the exchange application.

“Agarwal is a seasoned finance professional. He was appointed as the company’s CFO in 2005. The board recognized Alok Agarwal for his contribution to the company’s transformative journey,” the stock listing said.

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