On its way of internationalization, Reliance Industries Ltd has appointed Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director with aims to help strengthen the Board's diversity and skill-sets and benefit Reliance through the transition from oil to chemicals and the aim to achieve Net Carbon Zero by 2035. RIL would like to monetize his vast working experience with prominent Saudi financial institutions and also international business and governance experience, expertise in finance, global energy industry and insights on emerging technology-led business models.

However his position as Governor of the Public Investment Fund (PIF) of Saudi Arabia which has invested in Reliance Retail & Jio Platform, might be subject to interest of regulators from the point of view of Corporate Governance and scope of independence.