RIL appoints Srikanth Venkatachari as new CFO
Mumbai/IBNS: Reliance Industries Limited (RIL) has appointed Srikanth Venkatachari as the new Chief Financial Officer, the company said in a press release on Friday.
"The Board of Directors of the Company, based on the recommendation of the Human Resources, Nomination and Remuneration Committee, at its meeting held on March 24, 2023, has designated Shri Srikanth Venkatachari (Joint Chief Financial Officer of the Company since 2011) as the Chief Financial Officer of the Company with effect from June 1, 2023," the release stated.
The conglomerate’s current chief financial officer, Alok Agarwal, has been given a fresh role.
According to the statement, Agarwal will now be the Senior Advisor to the Chairman and Managing Director of the Company assisting him on a wide range of strategic issues with effect from June 1, 2023, after 30 years of distinguished service.
"Shri Alok Agarwal is an accomplished finance professional. He was appointed as the Chief Financial Officer of the Company in 2005. The Board appreciated Shri Alok Agarwal for his contribution in the transformative journey of the Company," said the release.
Agarwal is an esteemed finance professional. He was appointed as the Chief Financial Officer of the Company in 2005.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
WHO reports 42,000 people have life-changing injuries in Gaza
Taliban Foreign Minister Amir Khan Muttaqi to visit India for first high-level talks since 2021
India's INS Sutlej arrives in Mauritius to undertake 18th Joint Hydrographic Survey
Kenya Navy Commander Major General Paul Owuor Otieno visits Southern Naval Command in Kochi
