Reliance Industries names Srikanth Venkatachari as new CFO

Reliance Industries Limited (RIL) on Friday named Srikanth Venkatachari as the new Chief Financial Officer, the company stated in a press release.

"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 current chief financial officer, Alok Agarwal, has been given a new role. According to the release, Agarwal will assume a new role as 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 accomplished finance professional. He was appointed as the Chief Financial Officer of the Company in 2005.