New Delhi, March 25 : Srikanth Venkatachari has been appointed as the new Chief Financial Officer (CFO) of Reliance Industries Ltd (RIL).

He takes over from Alok Agarwal, who has been CFO since 2005, and will now assume the role of senior advisor to Reliance Chairman Mukesh Ambani.

Mr Venkatachari is currently the joint CFO for the company.