Mukesh Ambani resigns from Reliance Jio, Akash Ambani named chairman
The digital arm of Reliance Industries, Reliance Jio Infocomm Ltd, on Tuesday announced that Ambani would resign as the director of the company effective from 27 June. In a regulatory filing, Reliance Jio said the company's board at a meeting on 27 June, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." Among other appointments, Pankaj Mohan Pawar will take over as the Managing Director of the company from 27 June. Raminder Singh Gujral and KV Chowdary were appointed independent directors. In 2021, Ambani said that his kids were taking more responsibilities as part of the leadership shift. He said he could see in his children the same spark and potential of his father Dhirubhai Ambani – Reliance’s founder – for contributing to the country's growth. Few things to know about Akash Ambani - Akash Ambani, who has graduated from Brown University with a major in Economics, has been closely involved w...
