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Executive Director and Chief Executive Officer
Shri Neeraj Parakh joined the Reliance Group 21 years ago, in June 2004, as an Additional Manager in the Central Technical Services team at Reliance Infrastructure (Reliance Infra). Over the years, he has steadily taken on increasingly challenging roles and responsibilities. From his initial focus on planning, project monitoring, technical services, and project execution, he advanced to operations and maintenance roles in both Reliance Power and Reliance Infra. He later transitioned to the Central Procurement Group and Indirect Taxation, gaining diverse experience that has honed his leadership skills and developed his expertise across technology, commercial operations, and taxation.
With 29 years of professional experience, including more than 20 years with Reliance, he has been instrumental in delivering numerous large-scale projects such as Yamuna Nagar, Hisar, Rosa, Sasan, Butibori, Damodar Valley Corporation, and renewable energy ventures like Solar PV and Solar CSP. These projects collectively contribute over 10 GW of power generation at a capital expenditure of ₹50,000 crore.
An engineering graduate in Production Engineering from YCCE Nagpur (1993) and a postgraduate in Business Administration (MBA) from Welingkar Institute of Management, Mumbai (1996), he combines technical expertise with a strategic mindset. His contributions span technology selection, vendor localization, regulatory compliance, and cross-functional leadership, making him a well-rounded professional with deep insights into the power sector.
He has significantly reduced the organization’s reliance on imports by successfully localizing procurement for power plants and mining projects. He has built a robust network of local vendors, ensuring operational self-reliance and long-term sustainability. His leadership in technology selection, procurement, and contract management has driven efficiencies across the Reliance Power portfolio.
Additionally, his expertise extends to navigating complex regulatory requirements and tax matters, enabling the Reliance Group to maintain compliance across multiple domains while ensuring smooth project operations. Known for his collaborative and assertive leadership style, he has built strong relationships with internal and external stakeholders while fostering team growth and development.
Non - Executive and Independent Director
Shri Vijay Kumar Sharma superannuated as Chairman, Life Insurance Corporation of India on 31st December, 2018. Prior to his taking over as Chairman on 16th December 2016, he served as Chairman (In charge) from 16th September, 2016 and Managing Director, Life Insurance Corporation of India from 1st November, 2013. From December 2010 to November 2013, he served as Managing Director & Chief Executive Officer, LIC Housing Finance Limited (LICHFL), a premiere housing finance company in the country.
Shri Vijay Kumar Sharma is a post-graduate from Patna University. He joined Life Insurance Corporation of India as Direct Recruit Officer in 1981 and grew up with the Corporation since then. He held various challenging assignments pan India and in all operational streams including in-charge positions at different levels. Working across length and breadth of the country has added immensely to his experience and honed his understanding of demographics of the country, socio-economic needs of different regions and multi-cultural challenges in implementation of Corporate’s objectives. Shri Vijay Kumar Sharma has served the Corporation for over 37 years. During his tenure, he has worked in all core areas of Life Insurance. He has vast national and international, operational and Board level experience of Financial Sector including Banking, Housing Finance, Pension & Group Insurance Business, Cards, Mutual Funds & Pension Fund. Shri Vijay Kumar Sharma is also on the Board of Tata Steel Limited, Mahindra and Mahindra Financial Services Limited, Ambuja Foundation and Nureca Limited.
Non - Executive and Independent Director
Shri R Ashok is a former Civil Servant with over 42 years’ experience in the areas of Financial Control and Management, General Administration, Vigilance Inquiry and administration, procurement, regulation and information technology.
His sector experience is in railways, telecom, anti-corruption and telecom regulation. Shri R Ashok retired as a Secretary level official from Govt. of India and subsequently was appointed as Member, TRAI – a statutory appointment.
He holds Master’s Degree in Science, Management and Public Administration and in the early part of his career was intimately involved in application of information technology to computer aided management information system design and implementation.
Most positions held by him required deep comprehension in the subject and knowledge on allied areas and tested analytical and inferential skills.
He is also on the Board of Mumbai Metro One Private Limited.
Non - Executive and Independent Director
Dr. Vijayalaksmy K Gupta is a retired Secretary Defence Finance & Former Member Finance, Telecom Commission. She did her MPhill from University of Madras in 1999 and PhD from Barkatullah University, Bhopal in 2010. She was awarded Gold Medal.
She started her career as Indian Defence Accounts Service Officer in 1974. She has rich experience in Finance, Internal Audit, Accounts and General Administration.
She has served at various key positions during her career including:
i. Joint Secretary and Additional Financial Advisor, Ministry of Defence, Government of India,
ii. Principal Advisor/Financial Advisor, Organizing Committee, Commonwealth Games 2010,
iii. Additional Secretary, Ministry of Women and Child Development, Government of India,
iv. Member Finance (Telecom Commission and ex officio Secretary to the Government of India) and
v. Secretary-Defence Finance (Ministry of Defence, Government of India)
Non - Executive and Non- Independent Director
Shri Sachin Mohapatra is Whole Time Director and Chief Executive Office of Sasan Power Limited, a subsidiary of Reliance Power Limited, which stands as one of the world’s largest integrated coal-based power plants combined with a captive coal mine. Sasan Power Limited has one of the best sustainable operating plants in the country. He is associated with the Group for last eight years. He started his career as a graduate engineer in NTPC and had a strong association with NTPC for nearly 18 years. Prior to joining Sasan Power, he was associated with Lanco Power and Essar Power.
Mr. Mohapatra has completed his graduation in Mechanical Engineering from NIT, Jamshedpur and carried out Masters Degree in Power Generation Technology from IIT, Delhi. He has over 30 years of experience in various fields of power generation. Besides power plant operation and maintenance, his expertise includes engineering, erection and commissioning, and research and technology development in power generation.
Non - Executive and Non- Independent Director
Shri Arup Ashok Gupta is a seasoned Human Resources leader with over 40 years of experience across diverse industries. He holds a Bachelor's degree in Science (Microbiology) and a Master's in Management Studies (Marketing) from the University of Mumbai.
He has been a key member of the Reliance Group for the past 16 years, where he has played a pivotal role in shaping HR strategy across several verticals. He has led numerous strategic HR initiatives focused on organizational design, productivity enhancement, leadership hiring, and workforce planning.
Prior to joining the Reliance Group, he held senior HR positions at prominent organizations such as Diligent Media Corporation Ltd. (publishers of DNA), The Times of India Group (BCCL), ACC Limited, and Rashtriya Chemicals & Fertilizers Ltd. His contributions in these roles were marked by transformative HR practices that improved operational efficiency and talent management.
Known for his strategic acumen and deep understanding of business-aligned HR, Shri Gupta has consistently delivered impactful people strategies that drive performance, engagement, and organizational growth. His ability to align HR policies with business goals has enabled the creation of agile, high-performance teams across varied sectors.