RIL names V Srikanth as new CFO; Alok Agarwal as Senior Advisor to Chairman

Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday named Venkatachari Srikanth as its new chief financial officer (CFO), succeeding Alok Agarwal, who turned 65 and had served the business for 30 years, according to a stock exchange notification by RIL.

Agarwal, who joined Reliance in 1993 and was named CFO in 2005, would transition into the position of senior advisor to the chairman and managing director of the firm, supporting him on a variety of strategic issues.

Both the new roles will come into effect from June 1, 2023, the company said in the notification.

V Srikanth ( joint CFO since 2011) has been sharing a part of the responsibilities of the CFO position with Alok Agarwal for the last few years. Srikanth has been with RIL for the last 14 years. Previously, he worked with the Citi Group for two decades in forex trading and derivatives, later becoming the Head of Markets.

Alok Agarwal is an alumnus of IIT Kanpur and IIM Ahmedabad. He joined Reliance Industries in 1993 and became the CFO in 2005. Prior to RIL, he had worked with Bank of America for 12 years.

“The Board appreciated Shri Alok Agarwal for his contribution in the transformative journey of the Company,” the RIL exchange announcement added.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.