Reliance Capital (RCL) announced the appointment of Arijit De as Chief Communications Officer.

De will be responsible for driving the external and internal communications agenda for Reliance Capital and its group companies. He joins us from Bank of America Merrill Lynch where he headed the Marketing and Corporate Affairs function since 2012. Prior to that, De spent over six years at Standard Chartered in senior communications roles, including a two-year stint as Group Head of Media Relations in London.

"Given Arijit's diverse experience across journalism, communications, marketing and CSR, and his strong orientation towards financial services, we look forward to his insights and valued contribution across the full spectrum of our businesses,'' said Anmol Ambani, Executive Director, Reliance Capital.

Shares of the company declined Rs 2.15, or 0.36%, to trade at Rs 599.40. The total volume of shares traded was 121,079 at the BSE (10.00 a.m., Tuesday).