Reliance Power said N Venugopala Rao, who was appointed CFO of the company on December 31, 2012, has been elevated as Chief Executive Officer of Sasan Power Ltd, a 100 per cent subsidiary of the company.
Consequently, the board of directors on September 26 appointed Ashutosh Agarwala as the CFO of Reliance Power with immediate effect.
Ashutosh Agarwala is at present holding the position of President (Finance) in the company, Reliance Power in a communication to the stock exchange said.