Reliance Strategic Investments appoints K V Kamath as Independent Director

Kamath served as Chairman of Infosys. In 2015 he was appointed as the first President of the New Development Bank set up by the BRICS countries from where he retired in 2020

Reliance Strategic Investments (RSIL) on Friday appointed K V Kamath as non-executive Chairman. RSIL will be renamed as Jio Financial Services (JFSL) & will be listed soon. K V Kamath will continue as Independent Director & non-executive Chairman of JFSL.

The company said in a stock exchange filing, "K V Kamath satisfies the criteria of independence prescribed under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In accordance with the circular dated June 20, 2018, issued by the Stock Exchanges, we hereby confirm that K V Kamath, is not debarred from holding the office of