Reliance appoints former IPL COO Sundar Raman as CEO - Sports

Sundar Raman is thought to be a close aide of tainted former ICC Chief

MUMBAI, November 16, 2015: Sundar Raman is joining Reliance as its CEO - Sports. He will be responsible for consolidation and integration of RIL's sports portfolio including its Foundation activities in Sports. In addition to the existing sports properties of RIL, Sundar will be driving newer avenues of growth in this area and also at integration with our digital services of Jio.

Sundar brings with him a rich and unique experience of over two decades in understanding consumer insights and as a pioneer in the growth of sporting properties in India.

Over the course of last few years, RIL has invested in a variety of sports properties and is now positioned as one of India’s leading sports businesses. RIL is involved in multiple sports (cricket, football, basketball, tennis, golf) either on its own or through its Joint Ventures. In addition, the Reliance Foundation has several initiatives such as Basketball and Young Champs.

Sundar said "I am delighted at the opportunity to join Reliance. Reliance existing sports properties coupled with its Jio digital services provides newer areas of growth. RIL has a huge aspiration in the sports area. The opportunity to be engaged in integrating the entire sports portfolio and make Sports also an integral and important element in RIL’s growth will be an exciting journey”

About Reliance Industries Limited (RIL)

Reliance Industries Limited (RIL) is India’s largest private sector company, with a consolidated turnover of INR 3,88,494 crore (US$ 62.2 billion), cash profit of INR 36,291 crore (US$ 5.8 billion) and net profit of INR 23,566 crore (US$ 3.8 billion) for the year ended March 31, 2015.

RIL is the first private sector company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’, currently ranking 158th in terms of revenues and 142nd in terms of profits. RIL ranks 238th in the Financial Times’ FT Global 500 2015 list of the world’s largest companies. RIL's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and telecommunications.