Executive Director Of Reliance Industries Passes Away

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Reliance Industries' Executive Director and former Crisil Chairman, R Ravimohan passed away last night in Mumbai due to cardiac arrest.

"We are deeply saddened by the sudden loss of Ravimohan. He was a keen supporter of Reliance Industries and a very dear friend. On behalf of all of us at Reliance Industries, I offer my heartfelt condolences to Ravi's family and many friends."

R Ravimohan, executive director for Reliance Industries who was appointed to its board earlier this year, passed away on Monday, a company statement said. Mr. Ravimohan passed away unexpectedly, on late evening on Monday, December 28, 2009 at the age of 52.

Mr.Ravimohan attended the puja that was organized yesterday on account of the birth anniversary of founder chairman, late Shri Dhirubhai Ambani to pay his homage. He was to leave for Jamnagar today, Tuesday for a business tour.

Mr. Ravimohan was a chemical engineer and had completed the advanced management programme from Harvard Business School. He is survived by his wife Madhuralakshmi, daughter Hridaya and son Jagad.

Mr. Ravimohan has previously served as Crisil's chairman and Standard & Poor's managing director and regional head for South and Southeast Asia and is credited with building Crisil into the largest rating, financial and business research and advisory service company in India. Ravimohan was appointed on the Board of Directors of Reliance Industries earlier this year. He was one of the key negotiators along with Manoj Modi and Alok Agrawal in the Lyondell Basell deal.

Apart from leadership synergies, he came from a Chemical Engineering background like Mukesh Ambani and Manoj Modi and soon became an integral part of the think tank. During his short yet memorable stint at RIL, he had developed excellent rapport and camaraderie with Mukesh Ambani, Manoj Modi and other directors of the company.

Chairman and Managing Director of RIL, Mukesh Ambani stated, "We are deeply saddened by the sudden loss of Ravimohan. He was a keen supporter of Reliance Industries and a very dear friend. On behalf of all of us at Reliance Industries, I offer my heartfelt condolences to Ravi's family and many friends."

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Sneha Prabhakaran
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