Pawan Kapil to be new ed of RIL
Country’s largest company by market capitalisation Reliance Industries (RIL) appointed the head of its Jamnagar refinery Pawan Kumar Kapil, 64, as executive director on its board.
The appointment is part of company’s head honcho Mukesh Ambani’s plan to pack the board with professionals.
Kapil is the third home-grown professional to find a place on RIL’s board after Hardev Singh Kohli and PMS Prasad, the head of the oil and gas business. Kapil replaced Kohli who stepped down recently..
Kapil, who was a director on the board of Reliance Petroleum which has been merged into Reliance Industries, is a chemical engineer and has more than 40 years of experience in different facets of petroleum refining industry.
This former executive director of Indian Oil Corporation joined RIL in 1996 to lead the commissioning of the Jamnagar refinery.
RIL began attempts to professionalise its board by appointing R Ravimohan, the former head of rating agency Crisil, and PMS Prasad as executive directors in August last year. Mukesh Ambani, Ramaniklal Ambani, Hital Meswani and Nikhil Meswani are among executive directors who represent the promoters on the board.


