Sundar Raman Joins Reliance After Indian Premier League Exit

 Veteran sports marketing and management professional Sundar Raman is joining Reliance Industries as its chief executive to consolidate and drive the group's initiative in this area. (IPL Chief Operating Officer Sundar Raman Resigns)

In addition to the existing sports properties of the group and its non-profit foundation, Sundar Raman will be driving newer avenues of growth in this area, as also the integration with the digital services of Jio, a company statement said on Monday.

Raman had resigned from his position, putting an end to the intense speculation over his future in the wake of the change of regime in the BCCI. In an effort to clean up the system, the BCCI has promptly accepted Raman's resignation. It has been learnt that he had been asked by BCCI President Shashank Manohar to put in his papers by October 31. (IPL Scam: Allegations Against Sundar Raman Can't go Un-Probed, Says Supreme Court)

"Sundar brings with him a rich and unique experience of over two decades in understanding consumer insights and as a pioneer in the growth of sporting properties in India," the statement added.

Over the past few years, the group has invested in a variety of sports properties, including cricket, football, basketball, tennis and golf. (Sundar Raman, the Brain Behind IPL and N. Srinivasan)

"Reliance Industries has a huge aspiration in the sports area. The opportunity to be engaged in integrating the entire sports portfolio and make Sports also an integral and important element in the group's growth will be an exciting journey," Sundar Raman said.