Reliance Industries on a hiring spree for its new clean energy business
07 Jul 2021
Reliance Industries has started setting up teams for its newly created clean energy business at a breakneck speed, appointing multiple chief executives officers and executive assistants (EAs) to the chairman office at top salaries, people aware of the development said. Executive search firms have been mandated to hire specialists in different segments of clean energy business from across geographies and McKinsey has been roped in to help prepare a blueprint for each of these businesses, they said. Senior-level hirings are at an unprecedented level with multiple CEOs and EAs getting appointed, a person directly aware of the matter. No cost is being spared to recruit clean energy specialists from across geographies...some are posted in the Middle East and some in India. RIL chairman Mukesh Ambani had last week announced investments of 75,000 crore over the next three years to build a new clean energy business to fuel the conglomerate commitment to be net carbon neutral by 2035. Deepak Thakur, CEO of hybrid energy & storage business and e-mobility at Sterling and Wilson, and Kapil Maheshwari, CEO of Hinduja Renewables, have joined Reliance Industries, industry insiders. Thakur and Maheshwari could not be immediately reached for confirmation.
Other hires include Anshul Khandelwal, a former executive at Adani Group who joined RIL as strategic leader for new energy in February, and Karan Suri, a former executive director at Morgan Stanley who joined the strategy & planning wing of RIL in May. While Khandelwal and Suri have updated their social media profiles on their new RIL positions, Thakur profile still shows his position at Sterling and Wilson.
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