Renowned Reliance Industries Limited credits to be the India's biggest company by market value which operates more than 1,000 retail stores all over the India with different categories including food and grocery, apparels and footwear, IT products, consumer electronics and joint ventures with international brands.

On Monday, sources have reported that the company has introduced some deviations in its management structure with appointment of two former Executives of the China operations of U. S.-based Wal-Mart Stores Inc. to lead its retail business.

"Gwyn will be a key member of the team strengthening the foundation for Reliance's consumer services business”, added the source.

Rob Cissell along with Shawn Gray has succeeded to reserve the prestigious designation of Chief Executive of Reliance Retail Ltd and Chief Operating officer, respectively. Previously, Mr. Cissell had served as a Chief Operating Officer of Wal-Mart China whereas Mr. Gray had attributed the post of vice president in charge of store operations.

During the last month, the Reliance Industries Chairman Mukesh Ambani had addressed the company's shareholders and notified that the company has outlined some measures to enter the cash-and-carry, or wholesale, retail business shortly as well as to make aggressive investments in retail to further diversify its business.