CFO (CHIEF FINANCIAL OFFICER)

A Chief Financial Officer (CFO) is a senior executive responsible for managing

the financial actions of their company. They are often in charge of tracking
cash flow, analysing strengths/weaknesses in the company's finances and
overseeing all aspects of its financial success.
Alok Agarwal CFO OF Reliance

Alok Agarwal is the Chief Financial Officer (CFO) of Reliance Industries Limited (RIL), the
largest private sector company in India. He has been with RIL for over 20 years and has held
various leadership positions in the company. As CFO, Agarwal is responsible for the overall
financial management of RIL, including financial planning, budgeting, forecasting, and
reporting. He also oversees the company's treasury, tax, and investor relations functions.
Agarwal has played a key role in RIL's growth and success over the years. He has been
instrumental in the company's strategic planning and decision-making and has helped to
raise capital and manage risk. He is also credited with improving RIL's financial reporting and
transparency.
In addition to his role at RIL, Agarwal is also a member of the board of directors of several
other companies, including Reliance Capital, Reliance Nippon Life Insurance, and Reliance
Home Finance. He is also a member of the advisory board of the Indian School of Business.
Agarwal is a highly respected figure in the Indian business community. He is known for his
financial acumen, strategic thinking, and leadership skills. He is also known for his
commitment to ethics and corporate governance.
Agarwal's contributions to RIL during his tenure as CFO were significant. He played a key role in the
company's financial transformation, overseeing several key initiatives such as:

• Debt reduction: Agarwal helped RIL reduce its debt from over Rs 1 lakh crore in 2012 to Rs
60,000 crore by 2023.

• Diversification: Agarwal was instrumental in Reliance's diversification into new businesses such
as retail, telecom, and renewable energy.

• Capital raising: Agarwal successfully raised billions of dollars through various capital markets
initiatives, including the world's largest convertible bond issuance in 2020.