New Delhi, Nov 4 (TIWN): Reliance Industries Ltd (RIL) on Friday said it has appointed veteran banker KV Kamath as an independent director of the company for a period of five years.

"The Board of Directors has, at its meeting held today, based on the recommendation of the human resources, nomination and remuneration committee considered and recommended to the shareholders for approval the appointment of Shri K. V. Kamath as an Independent Director of the Company for a term of 5 (five) consecutive years with effect from the date of assumption of office by Shri K. V. Kamath," the company said in its filing.