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Reliance Industries expands Board

21
Aug '09
The Board of Directors of Reliance Industries announced the appointment of R. Ravimohan and P.M.S. Prasad as Executive Directors on the Board with immediate effect. With this, the Board will expand to 14 members with 7 members on the Board being Independent Directors.

Commenting on the development Mr. Mukesh Ambani, Chairman & Managing Director, Reliance Industries Ltd said, “Ravi is undoubtedly one of the finest financial and risk management minds in the world while Prasad has been an integral part of the growth story of Reliance and its achievements. I look forward to the contributions of these two talented professionals to take Reliance forward on an accelerated growth path.”

R. Ravimohan is the former Chairman of CRISIL Ltd and the Managing Director and Region Head of Standard & Poor's for South & South East Asia. He is credited with building CRISIL into the largest rating, financial and business research and advisory service company in India. Ravimohan has been closely involved with the modernization of Indian financial system and pioneered the era of electronic stock markets in the country. He has been involved in critical policy assignments including being a member of the Secondary Market Advisory Committee of SEBI, Technical Advisory Committee of Reserve Bank of India and Raghuram Rajan Committee on Financial Sector Reforms.

Recognised as one of the finest professionals in the energy industry, Mr. Prasad has been with Reliance Industries for over 28 years. Presently, he heads the upstream and refining businesses, which comprises of exploration and production and refinery Supply and Trading. Over the years, he has held various positions in the fibres, petrochemicals and petroleum businesses in Reliance Industries. He was also the project head of the large Jamnagar refinery and petrochemicals complex. He was recently awarded a honorary doctorate degree the University of Petroleum Engineering Studies, Dehra Dun.

Reliance Industries Limited


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