Reliance Industries has inducted former State Bank of India chairperson Arundhati Bhattacharya on the company’s board.
Bhattacharya’s post-retirement cooling period expired earlier this month. ChrysCapital has appointed her as an advisor and reports claim that she may join Piramal Enterprises’ financial services business.
Bhattacharya, the first woman to head banking giant State Bank of India, is the second woman director on the board of Reliance Industries which already has Nita Ambani as a director since 2014. The New Companies Act requires companies to have at least one woman director on the board. Read more
Latest posts by The Economic Times (see all)
- Petronet to sign $2.5 billion LNG deal with US developer Tellurian: Sources - September 21, 2019
- Adani Transmissions takes over SPV set up by PFC Consulting for Rajasthan project - September 20, 2019
- Taking a step towards smart street lighting - September 19, 2019