
Alok Agarwal
Alok Agarwal is a transformational leader with a distinguished career spanning four decades as a senior finance professional and banker. He has played a pivotal role in defining the success story of the Reliance Group through his contributions relating to management of the Group’s financial resources, banking relationships, and capital market transactions for over two decades, and establishing robust Governance and Risk Management programs. Agarwal brings excellent leadership capability and management skills, as well as a strong ability to drive decision-making. He works collaboratively with both internal and external stakeholders, including the Promoters and Board, to drive the vision, strategy, and growth of the organization.
Agarwal joined Reliance Industries Limited (RIL) in 1993 as Treasurer and was nominated as CFO in 2007. In his role as CFO for over 15 years, Reliance grew from assets of $25B and a market cap of $45B to an asset base of over $200B and market cap of nearly $250B, and is currently among the top 50 companies globally. In this period, Reliance incubated two major global-scale businesses of Telecom and Retail and made major investments in its core energy business. Alok was responsible for managing these investments, financing them, and putting a world-class governance framework around them. He has also received personal recognition as the best CFO in Asia. Agarwal and his wife, Shobha, are deeply passionate about giving and have set up a private nonprofit foundation to support the education of young girls from underprivileged communities. Agarwal holds a postgraduate diploma in management from the premier business school in India - IIM Ahmedabad, and a B.Tech in electrical engineering from IIT-Kanpur. Prior to joining Reliance Industries Limited, he was with Bank of America for 12 years.