diff --git a/CMakeLists.txt b/CMakeLists.txt
index 1f1ac60ccb..3201ea0368 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -84,6 +84,10 @@ set(ROOT_DIR "${CMAKE_CURRENT_SOURCE_DIR}")
 set(LIB_DIR "${ROOT_DIR}/src")
 set(TEST_DIR "${ROOT_DIR}/test")
 
+# To set additional RUNPATH in libraries
+# installed in /opt/rocm-ver/lib/roctracer
+set(ROCM_APPEND_PRIVLIB_RPATH "$ORIGIN/..")
+
 find_package(
     amd_comgr REQUIRED CONFIG
     HINTS ${CMAKE_INSTALL_PREFIX}
@@ -233,24 +237,6 @@ install(
     DESTINATION ${CMAKE_INSTALL_LIBDIR}/${ROCPROFILER_NAME}
     COMPONENT runtime)
 
-# librocprof-tool.so
-install(
-    FILES ${PROJECT_BINARY_DIR}/test/librocprof-tool.so
-    DESTINATION ${CMAKE_INSTALL_LIBDIR}/${ROCPROFILER_NAME}
-    COMPONENT runtime)
-
-install(
-    FILES ${PROJECT_BINARY_DIR}/test/librocprof-tool.so
-    DESTINATION ${CMAKE_INSTALL_LIBDIR}/${ROCPROFILER_NAME}
-    COMPONENT asan)
-
-install(
-    FILES ${PROJECT_BINARY_DIR}/test/rocprof-ctrl
-    DESTINATION ${CMAKE_INSTALL_LIBDIR}/${ROCPROFILER_NAME}
-    PERMISSIONS OWNER_READ OWNER_WRITE OWNER_EXECUTE GROUP_READ GROUP_EXECUTE WORLD_READ
-                WORLD_EXECUTE
-    COMPONENT runtime)
-
 # File reorg backward compatibility for non ASAN packaging
 if(NOT ENABLE_ASAN_PACKAGING)
     # File reorg Backward compatibility
diff --git a/plugin/att/CMakeLists.txt b/plugin/att/CMakeLists.txt
index 4384bb93eb..bbac725438 100644
--- a/plugin/att/CMakeLists.txt
+++ b/plugin/att/CMakeLists.txt
@@ -33,7 +33,8 @@ set_target_properties(
     att_plugin
     PROPERTIES CXX_VISIBILITY_PRESET hidden
                LINK_DEPENDS ${CMAKE_CURRENT_SOURCE_DIR}/../exportmap
-               LIBRARY_OUTPUT_DIRECTORY ${PROJECT_BINARY_DIR}/lib/rocprofiler)
+               LIBRARY_OUTPUT_DIRECTORY ${PROJECT_BINARY_DIR}/lib/rocprofiler
+               INSTALL_RPATH "${ROCM_APPEND_PRIVLIB_RPATH}")
 
 target_compile_definitions(att_plugin PRIVATE HIP_PROF_HIP_API_STRING=1
                                               __HIP_PLATFORM_HCC__=1)
diff --git a/plugin/cli/CMakeLists.txt b/plugin/cli/CMakeLists.txt
index 2090c8a952..2eb2796d2f 100644
--- a/plugin/cli/CMakeLists.txt
+++ b/plugin/cli/CMakeLists.txt
@@ -29,7 +29,8 @@ set_target_properties(
     cli_plugin
     PROPERTIES CXX_VISIBILITY_PRESET hidden
                LINK_DEPENDS ${CMAKE_CURRENT_SOURCE_DIR}/../exportmap
-               LIBRARY_OUTPUT_DIRECTORY ${PROJECT_BINARY_DIR}/lib/rocprofiler)
+               LIBRARY_OUTPUT_DIRECTORY ${PROJECT_BINARY_DIR}/lib/rocprofiler
+               INSTALL_RPATH "${ROCM_APPEND_PRIVLIB_RPATH}")
 
 target_compile_definitions(cli_plugin PRIVATE HIP_PROF_HIP_API_STRING=1
                                               __HIP_PLATFORM_HCC__=1)
diff --git a/plugin/ctf/CMakeLists.txt b/plugin/ctf/CMakeLists.txt
index 9cab0cb143..62898aafba 100644
--- a/plugin/ctf/CMakeLists.txt
+++ b/plugin/ctf/CMakeLists.txt
@@ -36,7 +36,8 @@ set_target_properties(
     ctf_plugin
     PROPERTIES CXX_VISIBILITY_PRESET hidden
                LINK_DEPENDS "${CMAKE_CURRENT_SOURCE_DIR}/../exportmap"
-               LIBRARY_OUTPUT_DIRECTORY "${PROJECT_BINARY_DIR}/lib/rocprofiler")
+               LIBRARY_OUTPUT_DIRECTORY "${PROJECT_BINARY_DIR}/lib/rocprofiler"
+               INSTALL_RPATH "${ROCM_APPEND_PRIVLIB_RPATH}")
 set(METADATA_STREAM_FILE_DIR "${CMAKE_INSTALL_DATADIR}/${PROJECT_NAME}/plugin/ctf")
 target_compile_definitions(
     ctf_plugin
diff --git a/plugin/file/CMakeLists.txt b/plugin/file/CMakeLists.txt
index 2eb52c6fa4..e683073475 100644
--- a/plugin/file/CMakeLists.txt
+++ b/plugin/file/CMakeLists.txt
@@ -29,7 +29,8 @@ set_target_properties(
     file_plugin
     PROPERTIES CXX_VISIBILITY_PRESET hidden
                LINK_DEPENDS ${CMAKE_CURRENT_SOURCE_DIR}/../exportmap
-               LIBRARY_OUTPUT_DIRECTORY ${PROJECT_BINARY_DIR}/lib/rocprofiler)
+               LIBRARY_OUTPUT_DIRECTORY ${PROJECT_BINARY_DIR}/lib/rocprofiler
+               INSTALL_RPATH "${ROCM_APPEND_PRIVLIB_RPATH}")
 
 target_compile_definitions(file_plugin PRIVATE HIP_PROF_HIP_API_STRING=1
                                                __HIP_PLATFORM_HCC__=1)
diff --git a/plugin/perfetto/CMakeLists.txt b/plugin/perfetto/CMakeLists.txt
index 55f95f5549..39156df88b 100644
--- a/plugin/perfetto/CMakeLists.txt
+++ b/plugin/perfetto/CMakeLists.txt
@@ -7,7 +7,8 @@ set_target_properties(
     perfetto_plugin
     PROPERTIES CXX_VISIBILITY_PRESET hidden
                LINK_DEPENDS ${CMAKE_CURRENT_SOURCE_DIR}/../exportmap
-               LIBRARY_OUTPUT_DIRECTORY ${PROJECT_BINARY_DIR}/lib/rocprofiler)
+               LIBRARY_OUTPUT_DIRECTORY ${PROJECT_BINARY_DIR}/lib/rocprofiler
+               INSTALL_RPATH "${ROCM_APPEND_PRIVLIB_RPATH}")
 
 target_compile_definitions(perfetto_plugin PRIVATE HIP_PROF_HIP_API_STRING=1
                                                    __HIP_PLATFORM_HCC__=1)
diff --git a/src/tools/CMakeLists.txt b/src/tools/CMakeLists.txt
index e763a5611b..ceb3a43bc0 100644
--- a/src/tools/CMakeLists.txt
+++ b/src/tools/CMakeLists.txt
@@ -16,7 +16,8 @@ set_target_properties(
     rocprofiler_tool
     PROPERTIES CXX_VISIBILITY_PRESET hidden
                LIBRARY_OUTPUT_DIRECTORY ${CMAKE_BINARY_DIR}/lib/rocprofiler
-               LINK_DEPENDS ${CMAKE_CURRENT_SOURCE_DIR}/exportmap)
+               LINK_DEPENDS ${CMAKE_CURRENT_SOURCE_DIR}/exportmap
+               INSTALL_RPATH "${ROCM_APPEND_PRIVLIB_RPATH}")
 
 target_include_directories(
     rocprofiler_tool PRIVATE ${PROJECT_SOURCE_DIR} ${CMAKE_CURRENT_SOURCE_DIR}
@@ -70,7 +71,8 @@ add_subdirectory(rocprofv2)
 
 add_executable(ctrl ctrl.cpp)
 set_target_properties(ctrl PROPERTIES RUNTIME_OUTPUT_DIRECTORY
-                                      ${CMAKE_BINARY_DIR}/libexec/rocprofiler)
+                                      ${CMAKE_BINARY_DIR}/libexec/rocprofiler
+                                      INSTALL_RPATH "$ORIGIN/../../${CMAKE_INSTALL_LIBDIR}")
 target_link_options(
     rocprofiler_tool PRIVATE -Wl,--version-script=${CMAKE_CURRENT_SOURCE_DIR}/exportmap
     -Wl,--no-undefined)
diff --git a/test/CMakeLists.txt b/test/CMakeLists.txt
index 8a8b4583c2..8f0094e957 100644
--- a/test/CMakeLists.txt
+++ b/test/CMakeLists.txt
@@ -178,6 +178,8 @@ install(
 
 # Building ctrl test executable
 add_executable(${EXE_NAME} ${CTRL_SRC} ${UTIL_SRC} ${KERN_SRC})
+set_target_properties( ${EXE_NAME} PROPERTIES
+    INSTALL_RPATH "${ROCM_APPEND_PRIVLIB_RPATH}")
 target_include_directories(${EXE_NAME} PRIVATE ${TEST_DIR} ${ROOT_DIR}
                                                ${PROJECT_SOURCE_DIR}/include)
 target_link_libraries(${EXE_NAME} hsa-runtime64::hsa-runtime64 hsakmt::hsakmt
@@ -190,11 +192,17 @@ install(
     TARGETS ${EXE_NAME}
     DESTINATION ${CMAKE_INSTALL_DATAROOTDIR}/${PROJECT_NAME}/tests-v1/test
     COMPONENT tests)
+install(
+    TARGETS ${EXE_NAME}
+    DESTINATION ${CMAKE_INSTALL_LIBDIR}/${ROCPROFILER_NAME}
+    COMPONENT runtime)
 
 # Build test library
 set(TEST_LIB "rocprof-tool")
 set(TEST_LIB_SRC ${TEST_DIR}/tool/tool.cpp ${UTIL_SRC})
 add_library(${TEST_LIB} SHARED ${TEST_LIB_SRC})
+set_target_properties( ${TEST_LIB} PROPERTIES
+    INSTALL_RPATH "${ROCM_APPEND_PRIVLIB_RPATH}")
 target_include_directories(${TEST_LIB} PRIVATE ${TEST_DIR} ${ROOT_DIR}
                                                ${PROJECT_SOURCE_DIR}/include)
 target_link_libraries(${TEST_LIB} ${ROCPROFILER_TARGET} hsa-runtime64::hsa-runtime64
@@ -204,6 +212,14 @@ install(
     TARGETS ${TEST_LIB}
     DESTINATION ${CMAKE_INSTALL_DATAROOTDIR}/${PROJECT_NAME}/tests-v1/test
     COMPONENT tests)
+install(
+    TARGETS ${TEST_LIB}
+    DESTINATION ${CMAKE_INSTALL_LIBDIR}/${ROCPROFILER_NAME}
+    COMPONENT runtime)
+install(
+    TARGETS ${TEST_LIB}
+    DESTINATION ${CMAKE_INSTALL_LIBDIR}/${ROCPROFILER_NAME}
+    COMPONENT asan)
 
 # Build memory test bench
 add_custom_target(