In a surprise move, Reliance Capital's long serving CEO Sam Ghosh will leave the company on March 31, after spending nine years at the financial services arm of Anil Ambani-led business conglomerate.
Ghosh had joined the company in April 2008 as Group Chief Executive Officer of Reliance Capital, while he was elevated to the board in May 2015.
The company, which is present across insurance, mutual fund and a host of other financial services sectors, said in a regulatory filing that Ghosh will be completing his term of office on March 31, 2017, and the appointment of a new CEO